This book presents the definitive exposition of 'prospect theory', a compelling alternative to the classical utility theory of choice. Building on the 1982 volume, Judgement Under Uncertainty, this book brings together seminal papers on prospect theory from economists, decision theorists, and psychologists, including the work of the late Amos Tversky, whose contributions are collected here for the first time. While remaining within a rational choice framework, prospect theory delivers more accurate, empirically verified predictions in key test cases, as well as helping to explain many complex, real-world puzzles. In this volume, it is brought to bear on phenomena as diverse as the principles of legal compensation, the equity premium puzzle in financial markets, and the number of hours that New York cab drivers choose to drive on rainy days. Theoretically elegant and empirically robust, this volume shows how prospect theory has matured into a new science of decision making.
Just when your children are happily setled in school, you are relocated to Switzerland. This insiders guide provides all you need to know about the Swiss educational system and the cultural customs and practices that may surprise you.
Sabrina simply wanted a normal life. Raised by an emotionally unstable mother and a father who was an angry and violent drunk, Sabrina spent most of her young life feeling alone and scared. Her older brother, Brad, was her only ally as the two endured this difficult life together. When her family moved to a small town in Oklahoma, Sabrina lost the safety she felt with her old friends. However, she and Brad soon became close with Samantha and Joe, two local kids that gave them the support they so desperately needed. After a while, Sabrina and Brad faced their parents and discussed the ways in which they hurt them. Their parents eventually recognized the error of their ways and vowed to be more responsible and loving parents. Freedom Choice: A Book That Allows You to Consider Your Options is ideal for middle school aged children who suffer similar emotional turmoil. Through witnessing the healing of Sabrina, children are able to begin their own healing process and overcome any obstacles they face. Carla Worley sees the affects of abuse on a daily basis through her work as a counselor. Her desire to help people cope with abuse inspired her to reach out to children all over the world through this unique combination of fiction and therapy. She is currently working on her next book, which tackles another emotional issue that children face today.
In der Soziologie finden Rational-Choice (RC)-Erklärungen zunehmende Verbreitung. Sie sollen einerseits zu einer Lösung allgemeiner theoretischer Kernprobleme (Erklärung von sozialer Ordnung, Kooperation und sozialen Normen) beitragen. Darüber hinaus dominiert die RC-Theorie mittlerweile zahlreiche Felder der empirischen Forschung. In diesem Band beschreiben namhafte Autoren die umfangreichen theoretischen und empirischen Anwendungsmöglichkeiten. Ein Schwerpunkt der theoretischen Arbeiten sind Analysen sozialer Normen. Die empirischen Beiträge und Anwendungen behandeln ein breites Spektrum von Themen, u.a. aus der Soziologie des abweichenden Verhaltens, der politischen Soziologie und der Analyse des Terrorismus. Abgerundet werden die Aufsätze durch methodologische Überlegungen. Der Band liefert Studierenden und Forschern eine umfassende Orientierung über wichtige Entwicklungslinien dieses Forschungsprogramms.