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Decision Under Risk

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Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies Leadership, Behavior, and Decision-Making Studies

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This chapter contains section titled: Introduction Expected Utility Subjective Expected Utility The Pre-prospect Theory Era Prospect Theory The Post-prospect Theory Era Future Research Final Thoughts

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References

1979Prospect Theory: An Analysis of Decision under Risk 1988Prospect theory: An analysis of decision under risk 1981The Framing of Decisions and the Psychology of Choice 2019Theory of games and economic behavior 1992Advances in prospect theory: Cumulative representation of uncertainty 1921Risk, Uncertainty and Profit 1961Risk, Ambiguity, and the Savage Axioms 1964Risk Aversion in the Small and in the Large

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2013What Is Privacy Worth?2008The Development of Rational Thought: A Taxonomy of Heuristics and Biases 2011Probability and Time Trade-Off 2015Risk 2011Risk and rationality: The effects of mood and decision rules on probability weighting 2010Measuring the time stability of Prospect Theory preferences 2008An Empirical Test of Gain-Loss Separability in Prospect Theory

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