Prospect Theory and Choice Behaviour Strategies: Review and Synthesis of Concepts from Social and Transport sciences

Utility Theory is commonly considered as the most useful descriptive theory of human choice behaviour. Alternative concepts are only incidentally considered. This paper reviews alternative assumptions and empirical findings about human choice behaviour. To facilitate comparison and synthesis the rev...

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Bibliographic Details
Main Author: Evert Jan van de Kaa
Format: Article
Language:English
Published: TU Delft OPEN Publishing 2010-12-01
Series:European Journal of Transport and Infrastructure Research
Online Access:https://journals.open.tudelft.nl/ejtir/article/view/2897