Prospect Theory (explained in a minute) - Behavioural Finance

Prospect Theory deals with the irrational way we process information, valuing gains and losses differently (with losses having a more profound effect on our happiness than gains) and the subsequent decisions we take.

[williamcosgrove]

It's like when a kid cries in 3rd grade in because they got a B+ but college students jump for joy when they get the C- to pass the course. Btw I'm using this video to study for my exams ;-;

[omartaher]

Great, really easy to understand video. I wish professors taught like this!

[Undertakerboss]

WOW! SUPER VIDEO! Short, clear, simple! Thank you!

[ipsitaacharya]

Precisely explained. Thank you so much!

[pascalszczepanski]

Perfect for fast understanding of the concept in a fundamental form

[rishabhtyagi]

amazing way of explaining got the concept cleared in 1 min, 👍👍👍👍

[Nathan-fxos]

such a pity you stopped making videos, what a great channel

[zerotoux]

Question: How would a FORMER gold medalist feel if they got a BRONZE medal the next time around? What would be their reference point then?

[Bill]

I can't believe how great this is. I found a similar article, and it blew my mind. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell

[proudunapologeticliberal]

Great lesson. losses weigh more than gains

[SohaFayadGanama]

Great, really easy to understand .keep going

[MichaelMatienzo]

so true... I remember earning $200 and I was so happy then I earned $6k and lost $3k and I was sad lol even though i still had earned $3k :(

[dj__alien]

Anyone else here reading “Thinking Fast and Slow”? 😂😂😂

[steve]

So if you got that 50 back. Would you be back to 100% happiness or be more courses @ 70%

[whizanime]

Can I have the source of the medal winners study from 1995 ?