NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy...
Transcript of NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy...
![Page 1: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/1.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
NEOCLASSICAL THEORY VERSUS PROSPECT THEORY: EVIDENCE FROM THE MARKETPLACEJohn A ListEconometrica; Mar 2004; 72, 2; ABI/INFORM Globalpg. 615
![Page 2: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/2.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 3: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/3.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 4: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/4.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 5: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/5.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 6: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/6.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 7: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/7.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 8: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/8.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 9: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/9.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 10: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/10.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
![Page 11: NEOCLASSICAL THEORY VERSUS PROSPECT THEORY ...jandreon/Econ264/papers/List...education, a dummy variable indicating whether the agent was endowed with the mug — 1; 0 otherwise),](https://reader033.fdocuments.in/reader033/viewer/2022060823/609cf6e2b6a18e486e7866ac/html5/thumbnails/11.jpg)
Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.