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Description

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... read more

Ridiculously Simplified Synopsis

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First Sentence

Making decisions is like speaking prose - people do it all the time, knowingly or unknowingly.

Authors & Contributors

  1. Amos Tversky (Author)
  2. Daniel Kahneman
 

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