Lecture: Expected Utility vs. Prospect Theory, Judgment and Decision Making
Lecture on Judgment and Decision Making by Dr. Lace Padilla, at the University of California Merced in Cognitive and Information Sciences Department. Find out more about Dr. Padilla research: http://space.ucmerced.edu Lectures are based on Thinking Fast and Slow by Nobel Laureate Dr. Daniel Kahneman: https://amzn.to/2MmmCgr
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Lecture: Prospect Theory, Judgment and Decision Making
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Risk Aversion and Expected Utility Basics
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Expected Utility and Risk Preferences
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