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Choices, Values, and Frames presents an empirical and theoretical challenge to classical utility theory, offering prospect theory as an alternative framework. Admittedly, much of it goes well over my head but a key chunk of this text is likely to form the foundations for my dissertation.Citado en el artículo de Angner en Capabilities and Happiness.Dry as one imagines economic papers to be.
Please try againSorry, we failed to record your vote. After viewing product detail pages, look here to find an easy way to navigate back to pages that interest you.After viewing product detail pages, look here to find an easy way to navigate back to pages that interest you. A good guide for those who intend to go to the core of the theories.
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The Gifts of Imperfection: Let Go of Who You Think You're Supposed to Be and Embrace Who You Are I found the material challenging.
This shopping feature will continue to load items when the Enter key is pressed. Choices, Values, and Frames presents an empirical and theoretical challenge to classical utility theory, offering prospect theory as an alternative framework.
This book will enhance your thinking, and open your eyes to human blind spots.
Kahneman and Tversky's compilation of articles in this book is an outstanding exposition of recent advances in cognitive psychology, especially advances associated with prospect theory.
Their ideas were received rather well from the start, but in recent years, their alternative, which we can fairly call "behavioral economics" has virtually displaced traditional decision theory as an active research area. Please try againSorry, we failed to record your vote. Please try againSorry, we failed to record your vote.
It exposes in a very nice way that we humans make illogical choices, and are not as rational as we think. Daniel Kahneman and Amos Tversky have spent their whole lives developing an alternative to the "rational actor" model of human decision-making, the standard of traditional economic theory and the decision sciences. The work presented in this volume is largely responsible for the authors being awarded the Nobel Prize (Tversky died before receiving it).
In housing markets for example, some homeowners are reluctant to sell their properties if the prices fall below the market value. The book also elaborates on framing effects and other demonstrations that preferences are constructed in context, and it develops new approaches to the standard view of choice-based utility.
The editors have written several new chapters and a preface to provide a context for the work. Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed. Amazon calculates a product’s star ratings using a machine learned model instead of a raw data average. I wonder, what can one say abot work that has already won the Nobel Prize that can possibly add to the estimation of a work? Your recently viewed items and featured recommendations
Discusses the cognitive and the psychophysical determinants of choice in risky and riskless contexts.
As with the classic 1982 volume, Judgment Under Uncertainty, this volume is comprised of papers published in diverse academic journals.
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Great content once one filters out all the unneeded bla-bla around it. Save 10% when you spend $100 or more on textbooks.
Current scholarship and research in medicine, law, public policy, international relations, and economics has been profoundly shaped by their insights into human rationality.
"Daniel Kahneman and the late Amos Tversky have started a new perspective on the traditional economic categories of choice, decision, and value.
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Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed. Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed.
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