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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References

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The main focus of this article is to compare utility functions derived by the Von Neumann-Morgenstern conceptual apparatus with those imputed through actual pricing behavior. The study is cast in a…
The Development of a Corporate Risk Policy for Capital Investment Decisions
TLDR
This paper describes how a corporate utility function was evolved as a risk policy for capital investment decisions by interviewing corporate executives and developing a mathematical function that could reflect each interviewee's attitude.
The Utility Analysis of Choices Involving Risk
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
Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use…
Preference for Insuring against Probable Small Losses: Insurance Implications
A series of laboratory studies of insurance decision making shows that people buy more insurance against events having a moderately high probability of inflicting a relatively small loss than against…
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.…
Decisions with Multiple Objectives: Preferences and Value Trade-Offs
TLDR
This book describes how a confused decision maker, who wishes to make a reasonable and responsible choice among alternatives, can systematically probe his true feelings in order to make those critically important, vexing trade-offs between incommensurable objectives.
Measuring utility by a single-response sequential method.
TLDR
A sequential experiment that provides, at each stage in the sequence, an estimate of the utility to the subject of some amount of a commodity, and to present a few experimental results obtained with the method.
Economic Theory of Choice and the Preference Reversal Phenomenon
A body of data and theory has been developing within psychology which should be of interest to economists. Taken at face value the data are simply inconsistent with preference theory and have…
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