Essay Topic 1
What is the author's history with Amos Tversky? On what works did the two collaborate? What terms and concepts did these individuals develop? Cite examples from the text in your answer.
Essay Topic 2
Describe Systems 1 and 2. How are these systems different? How are they similar? What is the inter-relatedness between these two systems?
Essay Topic 3
What is prospect theory? What are the principles of prospect theory? How does the model of prospect theory differ from normative models?
Essay Topic 4
Describe and discuss expected utility theory. Who introduced this theory? What does it state? How does it differ from prospect theory?
Essay Topic 5
Discuss Daniel Bernoulli and his contributions to the study of decision making. What approach did Bernoulli introduce to the evaluation of gambles? Why is Bernoulli's theory flawed?
Essay Topic 6
What has the author concluded regarding risk-taking choices? How do they connect with or oppose...
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