Annotated Bibliography
Kahneman, D., & Tversky, A. (1979). Prospect Theory: An Analysis of Decision under Risk. The Econometric Society, 47(2), 263–291. https://doi.org/10.2307/1914185 The authors, Daniel Kahneman and Amos Tversky examine how presenting the expected outcome as a gain or loss relative to a neutral reference point, and losses loom greater psychological effect than gains. This paper presents a critique of… Read More Annotated Bibliography