Category: Prospect Theory

Categories

Office Politics: And Cornered Animals

Today, I want to talk about Prospect Theory. I’ve been hinting at it around the edges, talking about loss aversion and general craziness, but I think it’s time. “Prospect Theory” is the fancy name for the life epiphany that Daniel Kahneman and Amos Tversky mutually experienced while going for long walks through the side-streets of […]

read more