Original and cumulative prospect theory: A discussion of empirical differences

Original and cumulative prospect theory: A discussion of empirical differences
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DOI:
10.1002/(sici)1099-0771(199703)10:1
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发表时间:
1997-03-01
影响因子:
2
通讯作者:
Wakker, P
Wakker, P
中科院分区:
心理学3区
文献类型:
--
作者:
Fennema, H;Wakker, P

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本文讨论了前景理论与累积前景理论的区别。结果表明,累积前景理论不仅是对前景理论中某些理论问题的形式修正,而且给出了不同的预测结果。对Lola Lopes的一些实验进行了重新分析,并证明了累积前景理论优于前景理论。事实证明,累积前景理论的数学形式非常适合于模拟敏感性下降的心理现象。(C)出版社:John Wiley & Sons,Ltd.
This paper discusses differences between prospect theory and cumulative prospect theory. It shows that cumulative prospect theory is not merely a formal correction of some theoretical problems in prospect theory, but it also gives different predictions. Some experiments by Lola Lopes are re-analyzed, and are demonstrated to favor cumulative prospect theory over prospect theory. It turns out that the mathematical form of cumulative prospect theory is well suited for modeling the psychological phenomenon of diminishing sensitivity. (C) 1997 by John Wiley & Sons, Ltd.