#prospect-theory

Prospect Theory – How risk, uncertainty, and probabilities affects our decision-making

My interest in well-being evolved from my interest in decision making – from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.

Daniel Kahneman

(more…)

Prospect Theory – How risk, uncertainty, and probabilities affects our decision-making

My interest in well-being evolved from my interest in decision making – from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy. Daniel Kahneman (more…)