Essays about: "risky prospects"
Found 2 essays containing the words risky prospects.
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1. Loss Aversion : A Study of Changes in Loss Aversion Towards a 50/50 Gamble
University essay from Linnéuniversitetet/Institutionen för nationalekonomi och statistik (NS)Abstract : Loss aversion is a theory which states that losses loom larger than gains. Negative outcomes are weighted heavier than positive outcomes in decision making but could this weight change when different prospects are evaluated? This thesis focuses on how the loss aversion changes toward different magnitudes of a loss for young individuals when they are faced with a 50/50 chance of winning or losing a gamble. READ MORE
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2. Rationality in educational choice : A study on decision-making and risk-taking in academic settings
University essay from Uppsala universitet/Sociologiska institutionenAbstract : Choices made in highly uncertain settings problematise the concept of rationality in decisions-making. Notably, educational choices are conducted on uncertain ground as future prospects in labour markets are always risky. READ MORE