Prospect Theory: An Analysis of Decision under Risk Daniel Kahneman; Amos Tversky Econometrica‚ Vol. 47‚ No. 2. (Mar.‚ 1979)‚ pp. 263-292. Stable URL: http://links.jstor.org/sici?sici=0012-9682%28197903%2947%3A2%3C263%3APTAAOD%3E2.0.CO%3B2-3 Econometrica is currently published by The Econometric Society. Your use of the JSTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use‚ available at http://www.jstor.org/about/terms.html. JSTOR’s Terms and Conditions of Use provides
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©2012 American Journal of Social Issues & Humanities Rising Youth Unemployment and Violent Crime in Nigeria Okechukwu Odinaka Ajaegbu Department of Sociology University of Ibadan Ibadan‚ Nigeria Phone: +2348064113068 Email: ajaegbuodina@yahoo.com Abstract Violent crimes such as murder‚ armed robbery‚ kidnapping and terrorism are the most inhumane crimes that continue to plague Nigeria. Lately‚ kidnappings for ransom and terrorism have taken the centre stage leading to bloodshed and economic
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race‚ and even ecological systems. As Nigeria consists of a wealthy class which seeks wealth by any means‚ it is hard to see how a country like this can evolve much more until corruption is taken out of everyday relationships of the upper class. However‚ there is great hope at the same time‚ because Nigeria is a country that has learned to make positive changes and learned from many of these changes‚ such as the democratization of the Nigerian state. Nigeria has learned to adapt and deal with many
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Summary of the learning points (ranked by importance to you) Today’s class discussed the mental accounting for money management. 1. Prospect theory. The theory can be represented by a value function‚ as shown below. The value function starts from a reference point‚ and is normally concave for gains‚ and convex for losses. It is also steeper for losses than for gains. The theory intends to explain why people behave irrationally when making choices. 2. Framing effect. It refers
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A STUDY ON THE PROSPECT AND PROBLEMS OF CARGO HANDLING IN CHENNAI PORT: Introduction: Chennai Port‚ the third oldest port among the 12 major ports‚ is an emerging hub port in the East Coast of India. This gateway port for all cargo has completed 128 years of glorious service to the nation’s maritime trade. Maritime trade started way back in 1639 on the sea shore Chennai. It was an open road -stead and exposed sandy coast till 1815. The initial
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than ever. To fulfill this need the HR managers more or less have to face some constraint. Now being a contemporary issue of problems and prospects of Human Resource professions we have consider it as our topic. 1. Objective The First objective of preparing this report was to fulfill the course requirement. The other objective was to identify the problems and prospects of Human Resource professions. 2. Limitations During preparing this report there were time‚ cost and resource limitation
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Prospect House The story Prospect House‚ written by Frances Childs is a realistic description from the bottom of the social heap. In the story we meet Kim‚ a girl with a bleak background who has an identity crisis. This crisis is presumably caused by the mother she never had‚ and it is the red line in the story; the author clearly illustrates that parent’s plays an important role in their children’s live‚ especially when they are not there. The story takes place outside the city‚ probably near
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Chapter - 1 1) Briefly explain the evolution of microprocessor based on IC fabrication technology clock frequency & instruction cycle. 2) Explain Moore’s law. 3) What do you understand by instruction set? 4) Define following key wordy respective to digital system design. (a) Synthesis (b) Specification (c) Analysis (d) Implementation 5) What is dynamic static instruction briefly explain. 6) Define processor performance. 7) How can you estimate processor performance
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Comparative Analysis of How Prospects and Perspectives of Tissue Engineering Have Evolved Over the Years The concept of engineering living beings is not new to us. Tales of mythical creatures and beasts have long been interwoven with our history and form an essential part of many cultures all over the world. However as a science‚ tissue engineering is thought to be quite young. It evolved as a concept and term in the late 1980s. And although some research was undertaken in that field‚ it was only
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PROBLEMS OF POPULATION CENSUS IN AFRICA AND PROBLEMS WITH THE USE OF VITAL RECORDS IN NIGERIA. PROBLEMS OF POPULATION CENSUS IN AFRICA One important area where data collection is essential is human population‚ its data collection procedures is usually by direct enumeration carried out for every individual the territory at approximately the same time is known as the POPULATION CENSUS. More explicitly it can be defined as a complete process of collection‚ reception‚ assessments
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