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Prospect Theory


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 | #1203859 in eBooks |  2010-05-01 |  2010-05-01 | File type: PDF

||9 of 10 people found the following review helpful.| Outstanding!|By Easwar|I was an Information Systems professor and was quite interested in studying risk perception - especially the risks spawned by the Internet. I took a Decision Analysis class at MBA level but that course was somewhat informal and left me struggling to wrap my head around different theories of DM under uncertainty later on when I needed them. This text, pro| |"Peter Wakker's new book provides a brilliant account of what has happened in the field of decision theory during the last twenty years. Decision analysts will find here many tools and assessment techniques that will enlarge their usual bag of tricks. One of t

Prospect Theory: For Risk and Ambiguity provides the first comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model comple...

You can specify the type of files you want, for your device.Prospect Theory   |  Wakker.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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