Why do kahneman and tversky regard prospect theory 1979 as
Question: 1. What distinguishes prospect theory from subjective expected utility (SEU) theory?
2. Why do Kahneman and Tversky regard prospect theory (1979) as fundamentally different and superior to the bounded rationality approach of Simon (1987b)?
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question 1 discuss how prospect theory explains the equity premium puzzle2 explain how differential weights to losses
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question 1 what distinguishes prospect theory from subjective expected utility seu theory2 why do kahneman and tversky
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