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Choices, Values, and Frames

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 | #454076 in eBooks |  2000-09-25 |  2000-09-25 | File type: PDF

||73 of 73 people found the following review helpful.| SIGNIFICANT ADVANCES IN ECONOMICS THAT LED TO NOBEL PRIZE|By Denis Benchimol Minev|Kahneman and Tversky's compilation of articles in this book is an outstanding exposition of recent advances in cognitive psychology, especially advances associated with prospect theory. The work presented in this volume is largely responsible for the authors being awarded the Nobel Prize (Tver| |"Daniel Kahneman and the late Amos Tversky have started a new perspective on the traditional economic categories of choice, decision, and value. A series of experimental and empirical studies by them and others have rejected traditional economic assumptions of

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 t...

You easily download any file type for your device.Choices, Values, and Frames   |  From Cambridge University Press. A good, fresh read, highly recommended.

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