Hedonic Editing: An Application of Prospect Theory

[@Grunge_Cycling]

Literally explained mental accounting perfectly in 10 minutes while my professor just mumbled for an hour and made me sleepy.

[@peterho5778]

I am pretty sure watching your video is definitely one of the 'gains' and increase my value of utility today of understanding behavioural economics. Thank you for your awesome explanation with examples.

[@wenwenbai]

You are such a great teacher. Thank you for uploading videos. You really have made my life easier. I am two days before final exam.

[@HangarTV]

you are A VERY GOOD teacher Ashley.thanks for the hard work.

[@enabiki]

OMG 9 days ago. Merhaba Emre Aydın Bey. :D

[@enabiki]

Btw yes she is.

[@3yyubi]

Thank you very much. I was very confused about the connection of hedonic editing to prospect theory's value function ! Your explanations are really illuminating.

[@jonmcmahon7445]

You helped me model a breakthrough in my head for a new framework for my community. Than ks again!

[@rajarshimajumder6659]

You saved my project!! Thank you so much!

[@markw1434]

Fantastic. Great examples and so well explained. Thank you.

[@lancechen1066]

Love the video! Thanks for the wonderful explanation

[@shlomozerbib388]

I love how you see profit and losses in a manner that reduce the negative utility. I personnaly had some issue trading on the financial markets because losses affect very negatively my mind even if a have some gains too. It can be a game changer for me. Ty very much

[@gudluken2]

Firstly, thank you for these videos, very helpful and clear explanations I was wondering how this application would change if the absolute “value” of the loss is greater than the absolute value of the gains. Example: I made 50$, and 50$ again, but then had a loss of 150$. Given the loss is greater than the 2 gains, how does utility factor change?

[@mndovermoney]

Lovely explanation!

[@raisiddhantsinha]

Great work

[@laterwell]

So good teaching

[@MarcelBMG]

thanks a lot for this video!

[@raghu_yadav_yt]

Interesting !!!

[@jonmcmahon7445]

Thanks for the example

[@nicolasdreifuss]

Thank you so much!

[@alhussainaklan3336]

you are soooo goood thanks

[@valueengines2184]

Happiness is being in a place which you like and are able to stay with. It is a delusion, it is a function of the way you frame your life.

[@valueengines2184]

Fortunately sadness is also a delusion