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Prospect theory is a theory of behavioral economics, judgment and decision making that was developed by Daniel Kahneman and Amos Tversky in 1979. The theory was cited in the decision to award Kahneman the 2002 Nobel Memorial Prize in Economics .
- Disposition Effect
In 1979, Daniel Kahneman and Amos Tversky traced the cause...
- Amos Tversky
Work with Daniel Kahneman. Amos Tversky's most influential...
- Disposition Effect
Dec 7, 2016 · December 7, 2016. The book “The Undoing Project: A Friendship That Changed Our Minds,” by Michael Lewis, tells the story of the psychologists Amos Tversky, left, and Daniel Kahneman, right....
Nov 14, 2016 · By Michael Lewis. November 14, 2016. Amos Tversky and Daniel Kahneman toast to their partnership in the 1970s. Courtesy of Barbara Tversky. Back in 2003, I published a book called...
Jan 27, 2017 · The Undoing Project offers a keen-eyed look at the complex partnership between the great psychologists Daniel Kahneman and Amos Tversky, whose work on systematic cognitive biases in the...
Mar 28, 2024 · In collaboration with his colleague and friend of nearly 30 years, the late Amos Tversky of Stanford University, Kahneman applied cognitive psychology to economic analysis, laying the foundation for a new field of research — behavioral economics — and earning Kahneman the Nobel Prize in Economics in 2002.
Prospect theory, psychological theory of decision-making under conditions of risk, which was developed by psychologists Daniel Kahneman and Amos Tversky and originally published in 1979 in Econometrica. The model has been imported into a number of fields and has been used to analyze various aspects.
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