SciELO - Scientific Electronic Library Online

 
vol.28 issue50ELECCIÓN TEÓRICA EN ECONOMÍA: EL CASO DE SOLOW, ROMER Y RAMSEY author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand

Article

Indicators

Related links

  • On index processCited by Google
  • Have no similar articlesSimilars in SciELO
  • On index processSimilars in Google

Share


Cuadernos de Economía

Print version ISSN 0121-4772

Abstract

SANTIAGO, Juan  and  CANTE, Freddy. INTUICIÓN, SESGOS y HEURÍSTICAS EN LA ELECCIÓN . Cuad. Econ. [online]. 2009, vol.28, n.50, pp.1-34. ISSN 0121-4772.

The "Heuristics and Biases" research program led by economist A. Tversky (who died in 1996) and by the Nobel Prize winning psychologist D. Kahneman, has provided since 1971 an alternative approach to the Expected Utility Model in the field of decision making. Assertions of this descriptive theory focused on the psychological aspects affecting individual choice, called "The Prospect Theory", question the normative status of Rational Choice Theory, its underlying assumptions and it predictive pretension. This article aims to provide a contrast between the two theories.

Keywords : choice; rationality; prospects; uncertainty; utility.

        · abstract in Spanish | French     · text in Spanish     · Spanish ( pdf )

 

Creative Commons License All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License