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Lädt ... Choices, Values, and Framesvon Daniel Kahneman (Herausgeber), Amos Tversky (Herausgeber)
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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 accurate, empirically verified predictions in key test cases, as well as helping to explain many complex, real-world puzzles. In this volume, it is brought to bear on phenomena as diverse as the principles of legal compensation, the equity premium puzzle in financial markets, and the number of hours that New York cab drivers choose to drive on rainy days. Theoretically elegant and empirically robust, this volume shows how prospect theory has matured into a new science of decision making. Keine Bibliotheksbeschreibungen gefunden. |
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Google Books — Lädt ... GenresMelvil Decimal System (DDC)658.403Technology Management and auxiliary services Management Executive Decision-making And Knowledge ManagementKlassifikation der Library of Congress [LCC] (USA)BewertungDurchschnitt:
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You do not need to be either an economist or a psychologist by training to enjoy and get the gist of the research gathered here, which considers many other topics as well, such as frame dependence, prediction bias, mental accounting, preference reversals, and judgments biased by overconfidence. Incidentally, this volume was preceded by the equally compelling collection Judgment Under Uncertainty, which was also edited by Kahneman and Tversky along with Paul Slovic. Both works definitely belong on the bookshelf of any serious student in this area. ( )