Choices, Values, and Frames
860 pages
|Published: 25 Sep 2000
|Editions
|Details
This edition
ISBN: 9780521627498
Format: Paperback
Language: English
Publisher: Cambridge University Press
Publication date: 25 September 2000
Description
Choices, Values, and Frames presents an empirical and theoretical challenge to classical utility theory, offering prospect theory as an alternative framework. Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed. The book also elaborates on framing effects and other demonstrations that preferences are constructed in context, and it develops new approaches to the standard view of choice-based utility. As with the classic 1982 volume, Judgment Under Uncertainty, this volume is comprised of papers published in diverse academic journals. The editors have written several new chapters and a preface to provide a context for the work.
