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Prospect Theory

From Thinking, Fast and Slow by Daniel Kahneman

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Prospect Theory

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Prospect theory replaces the smooth rational chooser with a mind that treats losses and gains asymmetrically. — Thinking, Fast and Slow, Ch. 26 · Prospect Theory Full chapter free at readstacks.com (link in bio). New chapter every week. Save this for your TBR. #booktok #nonfiction #booksummary #thinkingfastandslow #danielkahneman

READ STACKSCHAPTER26Prospect Theoryfrom Thinking, Fast and Slowby Daniel Kahneman
Slide 1 / 5
Hook · chapter title page
I.THE CLAIM“Prospect theoryreplaces thesmooth rationalchooser with amind that treatslosses and gainsasymmetrically.”from Thinking, Fast and Slowby Daniel Kahneman
Slide 2 / 5
Quote · the central claim
II.THE IDEAA small loss canfeel morepainful than anequivalent gainfeels pleasant.from Thinking, Fast and Slowby Daniel Kahneman
Slide 3 / 5
The idea
III.THE MOVEProspect theorydoes not makeyou morerational.from Thinking, Fast and Slowby Daniel Kahneman
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The move
READ THE FULL CHAPTERRead Stacksfrom Thinking, Fast and Slowby Daniel Kahnemanreadstacks.com
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CTA · readstacks.com

Reference: the full chapter summary lives at readstacks.com/books/thinking-fast-and-slow/chapter-26-prospect-theory/

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