Date of Award
2011
Document Type
Thesis
Degree Name
Master of Arts in Mathematics
Department
Mathematics
First Advisor
Chavez, Joseph
Second Advisor
Hasan, Zahid
Third Advisor
Prakash, Chetan, and Williams, Peter
Abstract
This study is an investigation of the decision making theories, their developments, and especially, their applications. After locating the two rivals, the Expected Utility Theory (EUT) and the Prospect Theory (PT), within the general context of decision making situations, it compares their main features and examines the PT extensions.
Recommended Citation
Sadeghi, Sassan, "Comparative analysis of expected utility theory versus prospect theory and critique of their recent developments" (2011). Theses Digitization Project. 3910.
https://scholarworks.lib.csusb.edu/etd-project/3910
