HIGHLIGHTS
- What: Through practical examples and empirical studies the article shows scenarios where human behavior deviates from SEUT predictions influenced by psychological factors.
- Who: Prospect, theory and Han, Fan from the London, London, United Kingdom have published the Article: A Critical Comparison of SEUT and Prospect Theory, in the : Proceedings of the 2nd International Conference on Management Research and Economic Development
SUMMARY
SEUT) and Prospect Theory are two millstones brought up respectively to solve the St. Petersburg Paradox and Allais Paradox, which were two great challenge to such hypothesis. The two theory . . .
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