Do you, as a taxpayer, want to know exactly how much individual free schools have cost you over recent years, given that this is a flagship government education policy that seems likely to feature in the Conservatives’ manifesto?
What If a Psychologist wins the Nobel Prize of economy? Kahneman and Tversky published a series of seminal articles in the general field of judgment and decision-making, culminating in the publication of their prospect theory in 1979 (Kahneman & Tversky, 1979). Kahneman was awarded the Nobel Memorial Prize in Economics in 2002 for his work on prospect theory. Now check fast and slow thinking.
Dan Kahneman and Amos Tversky’s behavioural economics theory modeling how we make decisions. It illustrates, among other things, some of the non-rational decisions we make as we are guided by emotion and heuristics in decisions.
Want to draw cartoons or fantasy illustrations as part of your high school Art project? This AP Studio Concentration project by Seokkyun Hong was awarded full marks. It is essential viewing for students and teachers alike.
Prospect Theory- describes how people should make choices in terms of gains and losses. This picture shows a long road, portraying that you need to choose which way you want to go and that the path might be longer than you think