These Psychologists won a Nobel Prize for Economics!😲 #shorts
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About the Video
Watch this story of how 2 psychologists won a Nobel Prize in Economics.
The prospect theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses. An investor presented with a choice, both equal, will choose the one presented in terms of potential gains. Prospect theory is also known as the loss-aversion theory.
How do you think it applies to your life? Do you look at your perspectives differently now?
#psychology #nobelprize #prakharkepravachan
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