Artwork

Content provided by Dr. Bryan Foltice. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Bryan Foltice or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Episode #5 - Prospect Theory and Framing Part 1

36:24
 
Share
 

Manage episode 371027539 series 3485712
Content provided by Dr. Bryan Foltice. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Bryan Foltice or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a Text Message.

In this episode, we continue our conversation on a previous podcast by doing a deeper dive on Prospect Theory. Here, we learn that prospect theory is four-fold and how to understand and use the prospect theory utility function.
00:00 Introduction
04:17 Decision #1 - Gain Domain - Risk Averse
07:06 Decision #2 - Loss Domain - Risk Seeking
10:00 Diminishing Value Sensitivity - Prospect Theory Utility Function
16:19 Four Fold Pattern of Prospect Theory - Decision #3 - Gain Domain
20:34 Four Fold Pattern of Prospect Theory - Decision #4 - Loss Domain
27:53 Integration vs. Segregation - Prospect Theory Utility Function on Multiple Coin Flips
I hope you enjoy the content and learn all about the topic of Behavioral Finance. I've set up the first few podcasts as mini lectures of my Behavioral Finance course that I teach at Butler University each semester. The goal of this podcast is to provide a comprehensive look into the topic of Behavioral Finance - for free!

Support the Show.

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

  continue reading

37 episodes

Artwork
iconShare
 
Manage episode 371027539 series 3485712
Content provided by Dr. Bryan Foltice. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Bryan Foltice or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a Text Message.

In this episode, we continue our conversation on a previous podcast by doing a deeper dive on Prospect Theory. Here, we learn that prospect theory is four-fold and how to understand and use the prospect theory utility function.
00:00 Introduction
04:17 Decision #1 - Gain Domain - Risk Averse
07:06 Decision #2 - Loss Domain - Risk Seeking
10:00 Diminishing Value Sensitivity - Prospect Theory Utility Function
16:19 Four Fold Pattern of Prospect Theory - Decision #3 - Gain Domain
20:34 Four Fold Pattern of Prospect Theory - Decision #4 - Loss Domain
27:53 Integration vs. Segregation - Prospect Theory Utility Function on Multiple Coin Flips
I hope you enjoy the content and learn all about the topic of Behavioral Finance. I've set up the first few podcasts as mini lectures of my Behavioral Finance course that I teach at Butler University each semester. The goal of this podcast is to provide a comprehensive look into the topic of Behavioral Finance - for free!

Support the Show.

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

  continue reading

37 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide