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Prospect Theory- an experiment

Authors: Vidovic, Katarina;

Prospect Theory- an experiment

Abstract

This experiment is a slightly modified replication of the experiment in Kahnemann's 1979 paper "Prospect Theory: An Analysis of Decision under Risk". In this paper, mainly three effects were tested and theoretically explained: Certainty Effect,Isolation Effect and the Reflection Effect. We simulate these in a similar form with a self-generated which were modified closely to the original questionnaire.

Keywords

Risaversion, Business, Riskaversion, Arts and Humanities, Kahnemann replication, Valuefunction, Probability

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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