Hedonic Editing: An Application of Prospect Theory

This video explains Hedonic Editing, which is an application of Prospect Theory.

[Grunge_Cycling]

Literally explained mental accounting perfectly in 10 minutes while my professor just mumbled for an hour and made me sleepy.

[peterho]

I am pretty sure watching your video is definitely one of the 'gains' and increase my value of utility today of understanding behavioural economics. Thank you for your awesome explanation with examples.

[wenwenbai]

You are such a great teacher. Thank you for uploading videos. You really have made my life easier. I am two days before final exam.

[HangarTV]

you are A VERY GOOD teacher Ashley.thanks for the hard work.

[yyubi]

Thank you very much. I was very confused about the connection of hedonic editing to prospect theory's value function ! Your explanations are really illuminating.

[jonmcmahon]

You helped me model a breakthrough in my head for a new framework for my community. Than ks again!

[markw]

Fantastic. Great examples and so well explained. Thank you.

[shlomozerbib]

I love how you see profit and losses in a manner that reduce the negative utility. I personnaly had some issue trading on the financial markets because losses affect very negatively my mind even if a have some gains too. It can be a game changer for me. Ty very much

[rajarshimajumder]

You saved my project!! Thank you so much!

[lancechen]

Love the video! Thanks for the wonderful explanation

[valueengines]

Happiness is being in a place which you like and are able to stay with. It is a delusion, it is a function of the way you frame your life.