Prospect theory for continuous distributions
نویسندگان
چکیده
منابع مشابه
Prospect Theory
Prospect theory is a descriptive theory of how individuals choose among risky alternatives. The theory challenged the conventional wisdom that economic decision makers are rational expected utility maximizers. We present a number of empirical demonstrations that are inconsistent with the classical theory, expected utility, but can be explained by prospect theory. We then discuss the prospect th...
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ژورنال
عنوان ژورنال: Journal of Risk and Uncertainty
سال: 2008
ISSN: 0895-5646,1573-0476
DOI: 10.1007/s11166-007-9029-2