Talk:Cumulative prospect theory

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first draft[edit]

Only a first draft, I think, but for such an important work, there should be at least something... Will work on that, when I have time. --Rieger 21:38, 2 August 2006 (UTC)[reply]

dp is correct![edit]

Since there has been some edit: dp means integrating with respect to the probability measure p, Writing the integrand as f(p)dp is wrong, first because f is undefined, so it should be p(x)dx, but second because that would allow only for absolutely continuous measures, but excludes e.g. discrete lotteries! Rieger 10:02, 16 September 2006 (UTC)[reply]

"wikify"[edit]

I don't know what needs to be wikified... In my opinion the article pretty much follows the guidelines for style. Maybe there will be some clarification about what should be improved? Otherwise I would suggest to delete the "to be wikified" header. Rieger 13:47, 27 September 2006 (UTC)[reply]

weighting function[edit]

This page is good! If someone has time can they modify the graph of the weighting function: maximum x and y values are 1, and the arrows suggest the range is not limited! —Preceding unsigned comment added by 128.250.6.243 (talk) 01:15, 12 November 2007 (UTC)[reply]

Discrete Version[edit]

In "Stocks as Lotteries: The Implications of Probability Weighting for Security Prices" (with Ming Huang), American Economic Review 98, 2066-2100, December 2008. http://badger.som.yale.edu/faculty/ncb25/pwf_final.pdf , they give a discrete version, of the cumulative prospect theory, which is pretty easy to understand. Ladypine (talk) 11:34, 3 February 2011 (UTC)[reply]

In the original paper, Kahnemann and Tversky also gave a discrete version. I also think, it should be here (not replacing the continuous version, of course). Maybe somebody finds time to add it? 2.207.106.125 (talk) 06:07, 9 April 2018 (UTC)[reply]

Parameters[edit]

There should also be something about the typical functional forms used when applying CPT and the parameter values typically measured. Somebody want to add this? 2.207.106.125 (talk) 06:08, 9 April 2018 (UTC)[reply]