Risk Aversion and Risk Seeking

[@Hogne.Sandanger]

Thank you for great explanations about prospect theory. However, I miss an explanation of how skewed decision weights, particularly the possibility effect and the certainty effect, affect risk aversion. According to the fourfold pattern the possibility effect overrides the curvature of the value function on both sides at low probabilities.

[@sanafarahani6472]

Thank you. you explained so clear. wish to upload more vidoes about Expected utility theory

[@dfdfgdfkih]

You save my life. Love you so much!

[@fucknestle9976]

i like being able to say "this captures reality" after drawing an econ graph

[@StephanieHughesDesign]

Excellent video. As an Econ. major undergrad and MBA Fin. et Econ, I never took any Behav. Econ courses. This is stellar. Prof. Ashley makes my post grad MBA Finance Prof. look like a smug rank amateur. What texts are selected for this Behav. Econ curriculum course. I would like to buy the assigned textbooks and complete this entire course.

[@AshleyHodgson]

Texts: Thinking Fast and Slow by Daniel Kahneman Misbehaving by Richard Thaler Predictably Irrational by Dan Ariely They're all really fun!

[@haoli4975]

this vid is absolutely amazing!

[@MsCher615]

Can you have a video ma'am having the risk averse, risk seeking, and risk neutral in the same example. Thankyou maam

[@aleksandartodorovic8836]

Great explanations. Thank you so much.

[@MsCher615]

How can we insert the risk neutral on this?

[@jeetarthshrotriya8944]

Amazing explanation

[@pongsakornnimphaya132]

Thank you

[@ajitkhanal507]

Thank you!

[@Arashhh85]

Positive Utility is the way people behave and it is logical, the negative prospect theory is how people behave and is illogical.

[@MsCher615]

Can you help me understand further more about this please

[@silviacamacho8373]

Thank you! 😀

[@Momo-yl3hs]

I really didn’t get anything these graphs makes things more complicated

[@user-zg8qb4dm1p]

Admire you madam lecturer