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What kinds of things does prospect theory explain? A. I think the major phenomenon we observed is what we called "loss aversion".
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How did prospect theory influence economists? A. Correcting Bernoulli's error was influential, because it was picked up by Richard Thaler, who started behavioral economics.
Do prospects for the world economy look hugely better than a year or two back?
But its politics seem as dire as ever— and so do prospects for growth.
Nor did prospects look good for Mr. Liu's application to the licensing office seeking to do an end run around the sanctions.
Lift-off AS THE COLD WAR ENDED, so did prospects for many in the U.S. aerospace and defense industry.
In this neighborhood, the Gowanus Canal looms larger in the geography than does Prospect Park, and the McDonald's poster says "me encanta".
Does the prospect of another Wall Street job tempt me?
But why does the prospect of death make us more punitive, conservative and religious?
AS THE football World Cup approaches, so too does the prospect of another drubbing by Germany.
Does the prospect of subtitles keep you from seeing a movie?
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