2. Knowledge about variation
3. Theory of knowledge
4. Psychology
The rest of the paper is organized in the following way: Section 2 provides information on Prospect Theory and System of Profound Knowledge. Section 3 discusses how “Is Tiger Woods Loss Averse? Persistent Bias in the Face of Experience, Competition, and High Stakes” exhibits Profound Knowledge. Section 4 confers to the learning from analysis and in section 5 end the paper with the conclusion.
2.1. Prospect Theory
Prospect theory proposed in (Kahneman and Tyersky, 1979) discusses the way people behave when they have to take a decision from the probabilistic alternatives that involves risk. Investopedia defines prospect theory as people’s different assessment of gains and losses
3. Theory of knowledge
4. Psychology
The rest of the paper is organized in the following way: Section 2 provides information on Prospect Theory and System of Profound Knowledge. Section 3 discusses how “Is Tiger Woods Loss Averse? Persistent Bias in the Face of Experience, Competition, and High Stakes” exhibits Profound Knowledge. Section 4 confers to the learning from analysis and in section 5 end the paper with the conclusion.
2.1. Prospect Theory
Prospect theory proposed in (Kahneman and Tyersky, 1979) discusses the way people behave when they have to take a decision from the probabilistic alternatives that involves risk. Investopedia defines prospect theory as people’s different assessment of gains and losses