Prospect theory: An analysis of decision under risk Econometrica 47

  title={Prospect theory: An analysis of decision under risk Econometrica 47},
  author={Daniel Kahneman and Amos Tversky},
A lubricator valve apparatus adapted for use when running wireline tools into an offshore well during a production test of the well. The valve includes a valve body having a central flow passage and a ball valve element for opening and closing the passage, hydraulically operable means responsive to surface-controlled pressure for opening and closing the ball valve, latch means for releasably holding the ball valve in both the open and the closed positions, and bypass valve means for equalizing… 

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Prospect theory: analysis of decision under risk

Analysis of decision making under risk has been dominated by expected utility theory, which generally accounts for people's actions. Presents a critique of expected utility theory as a descriptive


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