منابع مشابه
Prospect Theory
Prospect theory is a descriptive theory of how individuals choose among risky alternatives. The theory challenged the conventional wisdom that economic decision makers are rational expected utility maximizers. We present a number of empirical demonstrations that are inconsistent with the classical theory, expected utility, but can be explained by prospect theory. We then discuss the prospect th...
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Prospect theory (Kahneman & Tversky, 1979) predictions were examined in light of ethnocentrism and intergroup conflict. An experiment conducted at the outset of the 2003 invasion of Iraq by the U.S., U. K. and their allies explored American and British participants’ preferences for certain versus uncertain gains and losses concerning Iraqi, American, and British lives. In four conditions, parti...
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In many theories of decision under risk (e.g., expected utility theory, rank dependent utility theory, and prospect theory) the utility or value of a prospect is independent of other prospects or options in the choice set. The experiments presented here show a large effect of the available options set, suggesting instead that prospects are valued relative to one another. The judged certainty eq...
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Entrepreneurship has been a topical issue in the business administration literature, but in the past decade a wave of interest can be observed on the role of entrepreneurship in the economic growth literature. This paper aims to highlight the various contributions to the entrepreneurship literature from the perspective of regional economic development. After a broad overview, particular attenti...
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Cardiac resynchronization therapy (CRT) is the most successful therapy in treating chronic heart failure patients since the introduction of b-blockers, angiotensin-converting enzyme (ACE) inhibitors, and spironolactone into the therapeutic regimen. Recent studies (REVERSE, MADIT-CRT) will probably expand the indication for CRT to mild and asymptomatic heart failure patients [New York Heart Asso...
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ژورنال
عنوان ژورنال: The Northern Review
سال: 2017
ISSN: 0835-3433,1929-6657
DOI: 10.22584/nr46.2017.032