Prospect theory

A behavioral economics theory that explains how people make decisions under uncertainty.

  1. Framing Effects: Predicting Decision-making (Deciphered)
  2. Utility Theory Gotchas (Hidden Dangers)
  3. Risk Aversion Gotchas (Hidden Dangers)
  4. Risk Reward Ratio Gotchas (Hidden Dangers)
  5. Intuition Vs. Data-Driven Decisions (Detailed)
  6. Exploration Vs. Exploitation in Cognitive Gamification (Broken Down)
  7. Authority Vs. Evidence: Decision Making Factors (Unveiled)
  8. Expected Value: Kelly Criterion Vs Mean Variance (Deciphered)
  9. Status Quo Bias: Predicting Change Resistance (Explained)
  10. Economic Value vs Intrinsic Value (Virtual Economy Gamification Tips)
  11. Log Utility Function Gotchas (Hidden Dangers)
  12. Portfolio Selection Gotchas (Hidden Dangers)
  13. Virtual Trading vs Real Trading (Virtual Economy Gamification Tips)
  14. Asset Management vs Wealth Management (Virtual Economy Gamification Tips)
  15. Market Pricing vs Fixed Pricing (Virtual Economy Gamification Tips)
  16. Economic Incentives vs Game Incentives (Virtual Economy Gamification Tips)
  17. Consumer vs Producer (Virtual Economy Gamification Tips)