Prospect Theory

GPTKB entity
AI-created image of Prospect Theory
AI-created image

Statements (27)
Predicate Object
gptkbp:instanceOf behavioral economic theory
gptkbp:basisFor gptkb:cumulative_prospect_theory
decision analysis
endowment effect research
framing effect studies
loss aversion research
mental accounting research
risk perception studies
status quo bias research
gptkbp:component probability weighting function
value function
gptkbp:contrastsWith expected utility theory
gptkbp:describes decision making under risk
gptkbp:explains gptkb:loss_aversion
diminishing sensitivity
probability weighting
reference dependence
gptkbp:formedBy gptkb:Amos_Tversky
gptkb:Daniel_Kahneman
https://www.w3.org/2000/01/rdf-schema#label Prospect Theory
gptkbp:influenced gptkb:public_policy
behavioral finance
marketing
gptkbp:introducedIn 1979
gptkbp:publishedIn gptkb:Econometrica
gptkbp:bfsParent gptkb:Daniel_Kahneman
gptkbp:bfsLayer 4