7.shafir_questions - 6. What are the manifestations of loss...

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Shafir & Tversky 1. Explain expected value theory. 2. Explain expected utility theory. 3. What is the shape of expected utility function for gains? For losses? 4. What is prospect theory? 5. Describe framing effects in relation to dominance and description invariance.
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Unformatted text preview: 6. What are the manifestations of loss aversion? 7. What are the effects of different methods for eliciting preference? 8. What is the effect on choice of adding alternatives?...
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This note was uploaded on 02/14/2011 for the course PSYC 532 taught by Professor Shultz during the Fall '10 term at McGill.

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