Choices, Values, and Frames Book Reviews
Choices, Values, and Frames by Daniel Kahneman & Amos Tversky Book Summary
This book presents the definitive exposition of 'prospect theory', a compelling alternative to the classical utility theory of choice. Building on the 1982 volume, Judgement Under Uncertainty, this book brings together seminal papers on prospect theory from economists, decision theorists, and psychologists, including the work of the late Amos Tversky, whose contributions are collected here for the first time. While remaining within a rational choice framework, prospect theory delivers more accurate, empirically verified predictions in key test cases, as well as helping to explain many complex, real-world puzzles. In this volume, it is brought to bear on phenomena as diverse as the principles of legal compensation, the equity premium puzzle in financial markets, and the number of hours that New York cab drivers choose to drive on rainy days. Theoretically elegant and empirically robust, this volume shows how prospect theory has matured into a new science of decision making.
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| Book Name | Choices, Values, and Frames |
| Genre | Psychology |
| Author | Daniel Kahneman & Amos Tversky |
| Published | 25 September 2000, Monday |
| Language | English |
| E-Book Size | 15.85 MB |
Choices, Values, and Frames (Daniel Kahneman & Amos Tversky) Book Reviews 2024
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| Download Link | Book Format |
| choices-values-and-frames-ebook.pdf | |
| choices-values-and-frames-ebook.epub | EPUB |
| choices-values-and-frames-ebook.kindle | KINDLE |
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Summary of Choices, Values, and Frames by Daniel Kahneman & Amos Tversky
The Choices, Values, and Frames book written by Daniel Kahneman & Amos Tversky was published on 25 September 2000, Monday in the Psychology category. A total of 52 readers of the book gave the book 0 points out of 5.
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