Prospect Theory: An Analysis of Decision under Risk, published in 1979 by Daniel Kahneman and Amos Tversky in the journal Econometrica, is the founding text of behavioral economics. The paper documented systematic and predictable ways that real decision makers depart from strict rational choice, particularly in how they weigh potential losses more heavily than equivalent gains and how they misjudge probability under uncertainty.
Facts
AuthorDaniel Kahneman and Amos Tversky
Publication Year1979
Source Typeprimary-text
Sources
Claims Backed By This Source (33 claims)
This source backs 33 claims across the atlas. As facts: 20 well-attested. As cited relationships: 4 holds, 2 connected. Plus 7 entities citing it as a general reference with no single fact or relationship attached.
Disposition By Topic
- Articles, 14 claims: 8 well-attested, 2 connected, 4 general references.
- Concepts, 8 claims: 4 well-attested, 3 holds, 1 general references.
- Economists, 6 claims: 4 well-attested, 1 holds, 1 general references.
- Sources, 4 claims: 4 well-attested.
- Schools of Thought, 1 claims: 1 general references.
Reader Challenges (0 open reader challenges)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.
View At A Past Year
The atlas records no dated fact of its own for this entry, so there is no other year to choose.