Concept

Prospect Theory

Theory describing decision-making under risk and uncertainty

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Concept

Prospect Theory

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Transcript mentions

  • Matt Dixon10:24

    … (15:49): A lot of the Kahneman and Tversky work around loss aversion and prospect theory, et cetera, and one of the big findings we came across is that there's actually a more powerful human bias, even more powerful than status quo bias…