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Prospect theory - Wikipedia
https://en.wikipedia.org/wiki/Prospect_theory
WebProspect theory is a theory of behavioral economics, judgment and decision making that was developed by Daniel Kahneman and Amos Tversky in 1979. The theory was cited in the decision to award Kahneman the 2002 Nobel Memorial Prize in Economics .
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Daniel Kahneman - Wikipedia
https://en.wikipedia.org/wiki/Daniel_Kahneman
WebWith Amos Tversky and others, Kahneman established a cognitive basis for common human errors that arise from heuristics and biases, and developed prospect theory. In 2011, Kahneman was named by Foreign Policy magazine in its list of top global thinkers. [4] .
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The Two Friends Who Changed How We Think About How We …
https://www.newyorker.com/books/page-turner/the-two-friends-who-changed-how-we-think-about-how-we-think
WebDec 7, 2016 · Page-Turner. The Two Friends Who Changed How We Think About How We Think. By Cass R. Sunstein and Richard Thaler. December 7, 2016. The book “The Undoing Project: A Friendship That Changed Our...
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How Two Trailblazing Psychologists Turned the World of Decision …
https://www.vanityfair.com/news/2016/11/decision-science-daniel-kahneman-amos-tversky
WebNovember 14, 2016. Amos Tversky and Daniel Kahneman toast to their partnership in the 1970s. Courtesy of Barbara Tversky. Back in 2003, I published a book called Moneyball, about the Oakland...
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Daniel Kahneman, pioneering behavioral psychologist,
https://www.princeton.edu/news/2024/03/28/daniel-kahneman-pioneering-behavioral-psychologist-nobel-laureate-and-giant-field
WebMar 28, 2024 · In collaboration with his colleague and friend of nearly 30 years, the late Amos Tversky of Stanford University, Kahneman applied cognitive psychology to economic analysis, laying the foundation for a new field of research — behavioral economics — and earning Kahneman the Nobel Prize in Economics in 2002.
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Tversky and Kahneman’s Cognitive Illusions: Who Can Solve …
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8075297/
WebApr 12, 2021 · Daniel Kahneman and Amos Tversky demonstrated with numerous examples of what are known as “cognitive illusions” the psychologically, linguistically, and mathematically possible explanations for human error in statistical and logical judgment ( Tversky and Kahneman, 1974; Kahneman et al., 1982 ).
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Daniel Kahneman, Who Plumbed the Psychology of Economics, …
https://www.nytimes.com/2024/03/27/business/daniel-kahneman-dead.html
WebMarch 27, 2024. Daniel Kahneman, who never took an economics course but who pioneered a psychologically based branch of that field that led to a Nobel in economic science in 2002, died on...
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Prospect theory | Psychology, Decision Making & Risk Analysis
https://www.britannica.com/topic/prospect-theory
WebMar 15, 2024 · Prospect theory, psychological theory of decision-making under conditions of risk, which was developed by psychologists Daniel Kahneman and Amos Tversky and originally published in 1979 in Econometrica. The model has been imported into a number of fields and has been used to analyze various aspects.
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Daniel Kahneman and Amos Tversky: The science behind the fiery
https://qz.com/896150/daniel-kahneman-and-amos-tversky-the-science-behind-the-fiery-partnership-between-two-great-psychologists
WebJan 27, 2017 · The Undoing Project offers a keen-eyed look at the complex partnership between the great psychologists Daniel Kahneman and Amos Tversky, whose work on systematic cognitive biases in the 1970s...
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Remembering Daniel Kahneman | Columbia News
https://news.columbia.edu/news/remembering-daniel-kahneman
WebApr 4, 2024 · “The psychological principles that govern the perception of decision problems and the evaluation of probabilities and outcomes produce predictable shifts of preference when the same problem is framed in different ways,” Tversky and Kahneman wrote in 1981. Losses, too, can be reframed, depending on how we are led to think about them.
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