Question
Describe how loss aversion is incorporated into prospect theory and how it undermines traditional economic assumptions. Discuss behaviour economics in regards to research and link
Describe how loss aversion is incorporated into prospect theory and how it undermines traditional economic assumptions.
Discuss behaviour economics in regards to research and link to loss aversion, and how it moved to neurocognition?
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
1111397465, 9781439038970, 1439038988, 978-1111397463, 143903897X, 9781439038987, 978-1133265238
