Prospect theory, proposed by Kahneman and Tversky in 1979, has been acknowledged as an excellent decision-making theory for the bounded rationality of investors tending to show cognitive bias ...

This graphic illustrates how the influence of the most famous paper by Kahneman and his frequent collaborator, Amos Tversky, "Prospect Theory: An Analysis of Decision Under Risk," spread after its ...

The decline of Soviet Union–era glory, of energy dominance, and of land itself—these are all losses that, according to prospect theory, could explain Putin's actions of late.

A new global study offers a powerful confirmation of one of the most influential frameworks in all of behavioral sciences and behavioral economics: prospect theory, which when introduced in 1979 ...