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The limitations of prospect theory and the expected utility theory: a new theory

Authors :
Alghalith, Moawia
Source :
Atlantic Economic Journal. June, 2010, Vol. 38 Issue 2, p243, 2 p.
Publication Year :
2010

Abstract

The expected utility theory has been the standard theory in modeling production under uncertainty. It has been extensively employed by the theoretical and empirical literature. Sometimes, it is labeled as [...]

Details

Language :
English
ISSN :
01974254
Volume :
38
Issue :
2
Database :
Gale General OneFile
Journal :
Atlantic Economic Journal
Publication Type :
Periodical
Accession number :
edsgcl.229896468
Full Text :
https://doi.org/10.1007/s11293-010-9218-2