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Tracing the influence of Prospect Theory

As part of a review of Kahneman’s new book, Thinking, Fast and Slow, by Evan Goldstein in the Chronicle of Higher Education, there is a fantastic infographic tracing citations for Kahneman and Tversky’s 1979 paper (see below). What is interesting is just how broad the range of disciplines citing prospect theory is. Obviously, psychology and economics figure quite significantly, but the volume of business and management citations suggest a wider practical impact perhaps.

Posted in behavioural, economics.