psychology

The Quantified Self

The false god of coffee<br />
Robin Barooah

See original: Del.icio.us The Quantified Self

EconPort - Handbook - Decision-Making Under Uncertainty - Prospect Theory

numerous alternative theories have been developed to overcome the limitations of expected utility

See original: Del.icio.us EconPort - Handbook - Decision-Making Under Uncertainty - Prospect Theory

Prospect theory - Wikipedia, the free encyclopedia

Prospect theory is a theory that describes decisions between alternatives that involve risk, i.e. alternatives with uncertain outcomes, where the probabilities are known. The model is descriptive: it tries to model real-life choices, rather than optimal decisions. // A revised version, called cumulative prospect theory overcame this problem by using a probability weighting function derived from Rank-dependent expected utility theory.

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Behavioral economics - Wikipedia, the free encyclopedia

Behavioral economics and behavioral finance are closely related fields making up a separate branches of economic and financial analysis using social, cognitive and emotional factors in understanding the economic decisions of consumers, borrowers and investors, and their effects on market prices, returns and the allocation of resources.

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The Age of Asperger: modern society is autistic! | Psychology Today

More specifically, modern Western societies are characterized by high incidence of single-parenthood and divorce; high rates of crime, anti-social behaviour, and delinquency; privatization of sex and its divorce from reproduction, with approval of masturbation (by far the most autistic of sexual practices and one that was anathematized to an astonishing extent up until quite recently); secularization and privatization of religion, fragmentation of politics, with a loss of normative consensus and a cult of individualism and self-realization encouraged by cynicism about collective ideologies and institutional beliefs.

See original: Del.icio.us The Age of Asperger: modern society is autistic! | Psychology Today