A seminal work on prospect theory, challenging classical utility theory with empirical insights into decision-making.
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A seminal work on prospect theory, challenging classical utility theory with empirical insights into decision-making.
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This book presents the definitive exposition of 'prospect theory', a compelling alternative to the classical utility theory of choice. Building on the 1982 volume, Judgement Under Uncertainty, this book brings together seminal papers on prospect theory from economists, decision theorists, and psychologists, including the work of the late Amos Tversky, whose contributions are collected here for the first time. While remaining within a rational choice framework, prospect theory delivers more accur...
What's Inside
will contain mild spoilers
Romance & sex
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No sexual content present.
Violence & gore
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No violence or gore depicted.
Profanity
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No profanity or strong language present.
Substance use
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No substance use depicted.
LGBTQ+ Rep.
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No LGBTQIA+ representation present.
Religious content
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No religious themes present.
Magic & witchcraft
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No witchcraft or occult themes present.
Occult / demonology
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No evidence found in available sources.
Political content
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Minor discussion of economic and social decision-making frameworks.
Self-harm / suicide
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No self-harm or suicide themes present.
Abuse & suffering
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No abuse or suffering themes present.
Other
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