Political Psychology, Vol. 13, No. 2, Special Issue: Prospect Theory and Political Psychology (Jun., 1992), pp. 171-186 (16 pages) Prospect theory has emerged as a leading alternative to expected ...

AMOS TVERSKY, DANIEL KAHNEMAN, Advances in Prospect Theory: Cumulative Representation of Uncertainty, Journal of Risk and Uncertainty, Vol. 5, No. 4 (1992), pp. 297-323 ...

According to data from Thomson Reuters, the paper was cited 778 times in 2009 alone, in 504 papers and books. From the humanities to computer science, there are few fields that have not embraced ...

Cumulative Prospect Theory (CPT): A descriptive decision-making framework that accounts for loss aversion, diminishing sensitivity, and probability weighting when evaluating uncertain outcomes.