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Prospect Theory

From Thinking, Fast and Slow by Daniel Kahneman

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Prospect Theory

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The theory is descriptive rather than normative — a map of real human valuation, biases and all. — Thinking, Fast and Slow, Ch. 26 · Prospect Theory Full chapter free at readstacks.com (link in bio). New chapter every week. Save this for your TBR. #booktok #nonfiction #booksummary #thinkingfastandslow #danielkahneman

READ STACKSCHAPTER26Prospect Theoryfrom Thinking, Fast and Slowby Daniel Kahneman
Slide 1 / 5
Hook · chapter title page
I.THE CLAIMThe theory isdescriptiverather thannormative —a map of realhuman valuation,biases and all.from Thinking, Fast and Slowby Daniel Kahneman
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Quote · the central claim
II.THE IDEATogether thesefeatures explainpatternsBernoulli couldnot.from Thinking, Fast and Slowby Daniel Kahneman
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The idea
III.THE MOVEBeing consciousthat you weighlosses far moreheavily thangains — and thatthe referencepoint againstwhich you judgeis oftenarbitrary.from Thinking, Fast and Slowby Daniel Kahneman
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The move
READ THE FULL CHAPTERRead Stacksfrom Thinking, Fast and Slowby Daniel Kahnemanreadstacks.com
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CTA · readstacks.com

Reference: the full chapter summary lives at readstacks.com/books/thinking-fast-and-slow/chapter-26-prospect-theory/

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