Download EBOOK Choices, Values, and Frames PDF for free

Download EBOOK Choices, Values, and Frames PDF for free Category: Society & Social Sciences
The author of the book: Daniel Kahneman
Format files: PDF, EPUB, TXT, DOCX
The size of the: 9.31 MB
Language: English
ISBN-13: 9780521621724
Date of issue: 1 December 2000

Description of the book "Choices, Values, and Frames":

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 PDF 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.

Download EBOOK Choices, Values, and Frames PDF for free

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Daniel Kahneman

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Download EBOOK Choices, Values, and Frames PDF for free

Download EBOOK Choices, Values, and Frames for free

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