Choices, Values, and Frames

Choices Values and Frames Choices Values and Frames presents an empirical and theoretical challenge to classical utility theory offering prospect theory as an alternative framework Extensions and applications to diverse eco

  • Title: Choices, Values, and Frames
  • Author: Daniel Kahneman Amos Tversky
  • ISBN: 9780521627498
  • Page: 379
  • Format: Paperback
  • Choices, Values, and Frames presents an empirical and theoretical challenge to classical utility theory, offering prospect theory as an alternative framework Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed The book also elaborates on framing effects and other demonstrations that preferences are constructed in coChoices, Values, and Frames presents an empirical and theoretical challenge to classical utility theory, offering prospect theory as an alternative framework Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed The book also elaborates on framing effects and other demonstrations that preferences are constructed in context, and it develops new approaches to the standard view of choice based utility As with the classic 1982 volume, Judgment Under Uncertainty, this volume is comprised of papers published in diverse academic journals The editors have written several new chapters and a preface to provide a context for the work.

    One thought on “Choices, Values, and Frames”

    1. Great collection of some seminal papers from across the economics and psychology literature. Admittedly, much of it goes well over my head but a key chunk of this text is likely to form the foundations for my dissertation.

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