Behavioral finance utilizes prospect theory, developed by Kahneman and Tversky in 1979, as a more realistic view of decision-making under uncertainty than expected utility theory.

Authors

• Person: Not available Organization: Frontiers in Psychology
  The Impact of Cognitive Biases on Professionals' Decision-Making

Sources

• The Impact of Cognitive Biases on Professionals' Decision-Making www.frontiersin.org Frontiers in Psychology via serper

Referenced by nodes (3)

• Prospect Theory concept
• behavioral finance concept
• decision-making concept