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Daniel Kahneman a psychologické základy ekonomie
[Daniel Kahneman and psychological principles of economics]

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Listed:
  • Michal Skořepa

Abstract

One of the two laureates of the Nobel Prize for economics in 2002 is Daniel Kahneman. After taking a brief look at Kahneman's life, the present article surveys his contributions to our understanding of three aspects of human decision making: judgment, comparison of alternatives and types of utility. In all three areas, interesting economic applications of Kahneman's results are possible. Some of these applications are sketched.

Suggested Citation

  • Michal Skořepa, 2004. "Daniel Kahneman a psychologické základy ekonomie [Daniel Kahneman and psychological principles of economics]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(2).
    • Handle: RePEc:prg:jnlpol:v:2004:y:2004:i:2:id:460
    DOI: 10.18267/j.polek.460
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    References listed on IDEAS

    as
    1. František Turnovec, 2000. "New issues in voting power analysis," Prague Economic Papers, Prague University of Economics and Business, vol. 2000(2).
    2. Dan S. Felsenthal & Moshé Machover, 1998. "The Measurement of Voting Power," Books, Edward Elgar Publishing, number 1489.
    3. Pradeep Dubey & Lloyd S. Shapley, 1979. "Mathematical Properties of the Banzhaf Power Index," Mathematics of Operations Research, INFORMS, vol. 4(2), pages 99-131, May.
    4. Shapley, L. S. & Shubik, Martin, 1954. "A Method for Evaluating the Distribution of Power in a Committee System," American Political Science Review, Cambridge University Press, vol. 48(3), pages 787-792, September.
    5. R J Johnston, 1978. "On the Measurement of Power: Some Reactions to Laver," Environment and Planning A, , vol. 10(8), pages 907-914, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    utility; heuristics; judgment; prospect theory; reference point; decision making;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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