The Value Curve and Human Decisions

Prospect Theory reveals the ways in which our decision-making machinery values an item and why. Learn how to make better decisions by understanding appropriate reference points, sensitivity to changes in value, and the super-sensitivity we all experience when it comes to potential loss.

Saved in:
Format:
Electronic Video
Language:
English
Published:
[San Francisco, California, USA] : The Great Courses, 2016.
Kanopy Streaming, 2018.
Summary:
Prospect Theory reveals the ways in which our decision-making machinery values an item and why. Learn how to make better decisions by understanding appropriate reference points, sensitivity to changes in value, and the super-sensitivity we all experience when it comes to potential loss.
Physical Description:
1 online resource (streaming video file) (30 minutes): digital, .flv file, sound
Mode of access: World Wide Web.
Notes:
Title from title frames.
Film
In Process Record.
Playing Time:
00:29:13
Format Details:
Mode of access: World Wide Web.
Subjects:
Psychology
Education films.
Links: