Home > Terms > Armenian (HY) > հեռանկարային տեսություն
հեռանկարային տեսություն
A theory of “irrational” economic behavior. Prospect theory holds that there are recurring biases driven by psychological factors that influence people’s choices under uncertainty. In particular, it assumes that people are more motivated by losses than by gains and as a result will devote more energy to avoiding loss than to achieving gain. The theory is based on the experimental work of two psychologists, Daniel Kahneman (who won a Nobel Prize for economics for it) and Amos Tversky (1937–96). It is an important component of behavioral economics.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Health care Category: Dermatology
Եթերային յուղ
եթերային յուղը բուսական նյութերից արտահանված հեղուկ ցնդող նյութերի հոտավետ խառնուրդ է: եթերային յուղերի մեծ մասը հեշտությամբ լուծվում է բենզինի, ...
Contributor
Featured blossaries
Browers Terms By Category
- Satellites(455)
- Space flight(332)
- Control systems(178)
- Space shuttle(72)
Aerospace(1037) Terms
- Cardboard boxes(1)
- Wrapping paper(1)
Paper packaging(2) Terms
- Hats & caps(21)
- Scarves(8)
- Gloves & mittens(8)
- Hair accessories(6)
Fashion accessories(43) Terms
- General jewelry(850)
- Style, cut & fit(291)
- Brands & labels(85)
- General fashion(45)
Fashion(1271) Terms
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)