Publication detail

Prospect theory and Expect Utility Theory: Application to Conditions of the Czech Republic

FOJTŮ, K. ŠKAPA, S.

Original Title

Prospect theory and Expect Utility Theory: Application to Conditions of the Czech Republic

English Title

Prospect theory and Expect Utility Theory: Application to Conditions of the Czech Republic

Type

journal article - other

Language

Breton

Original Abstract

The aim of this paper is critically describe differences between expected utility theory and prospect theory and differences between decision making in original research applied by Kahneman and Tversky and research applied in this paper.

English abstract

The aim of this paper is critically describe differences between expected utility theory and prospect theory and differences between decision making in original research applied by Kahneman and Tversky and research applied in this paper.

Keywords

prospect theory, framing effect, expected utility theory, decision under risk, probability,risk

Key words in English

prospect theory, framing effect, expected utility theory, decision under risk, probability,risk

Authors

FOJTŮ, K.; ŠKAPA, S.

RIV year

2012

Released

27. 12. 2012

ISBN

1802-8527

Periodical

TRENDY EKONOMIKY A MANAGEMENTU

Year of study

VI

Number

12

State

Czech Republic

Pages from

35

Pages to

44

Pages count

9

BibTex

@article{BUT96256,
  author="Kateřina {Fojtů} and Stanislav {Škapa}",
  title="Prospect theory and Expect Utility Theory: Application to Conditions of the Czech Republic",
  journal="TRENDY EKONOMIKY A MANAGEMENTU",
  year="2012",
  volume="VI",
  number="12",
  pages="35--44",
  issn="1802-8527"
}