Prospect theory: An analysis of decision under risk Econometrica 47

@inproceedings{Kahneman1979ProspectTA,
  title={Prospect theory: An analysis of decision under risk Econometrica 47},
  author={Daniel Kahneman and Amos Tversky},
  year={1979}
}
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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T vHE purpose of this paper is to suggest that an important class of reactions of individuals to risk can be rationalized by a rather simple extension of orthodox utility analysis. Individuals…

You have printed the following article : Prospect Theory : An Analysis of Decision under Risk

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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…

TWO‐PIECE VON NEUMANN‐MORGENSTERN UTILITY FUNCTIONS*

Thirty empirically assessed utility functions on changes in wealth or return on investment were examined for general features and susceptability to fits by linear, power, and exponential functions.…

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