The American Economic Review, Volume 87,Edições 4-5American Economic Association., 1997 |
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... theory is about a process of decision - making and not necessarily about a preference that exists as some stable or constant property of an indi- vidual . The principles of the psychological model address the nature of the steps that oc ...
... theory is about a process of decision - making and not necessarily about a preference that exists as some stable or constant property of an indi- vidual . The principles of the psychological model address the nature of the steps that oc ...
Página 803
experimental instructions and the statements and proofs of theorems used in the theory . I. Research Questions A fundamental difference exists between prospect theory and the traditional expected utility hypothesis , as found in ...
experimental instructions and the statements and proofs of theorems used in the theory . I. Research Questions A fundamental difference exists between prospect theory and the traditional expected utility hypothesis , as found in ...
Página 822
... theory " could find support in markets . Exchange economies were created in which only losses could occur . Preferences over losses were not controlled by the unusual methodology in which preferences are induced . Instead , the ...
... theory " could find support in markets . Exchange economies were created in which only losses could occur . Preferences over losses were not controlled by the unusual methodology in which preferences are induced . Instead , the ...
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