Management Theory Applications of Prospect Theory: Accomplishments, Challenges, and Opportunities

被引：135

作者：

Holmes, R. Michael, Jr. ^{[1
]}

Bromiley, Philip ^{[4
]}

Devers, Cynthia E. ^{[2
]}

Holcomb, Tim R.

McGuire, Jean B. ^{[3
]}

机构：

[1] Florida State Univ, Coll Business, Dept Management, Tallahassee, FL 32306 USA

[2] Tulane Univ, New Orleans, LA 70118 USA

[3] Louisiana State Univ, Baton Rouge, LA 70803 USA

[4] Univ Calif Irvine, Irvine, CA 92717 USA

来源：

JOURNAL OF MANAGEMENT | 2011年 / 37卷 / 04期

关键词：

prospect theory; risk taking; reference points; value function; probability weighting function; loss aversion; diminishing sensitivity; decision weights; framing; RISK-RETURN PARADOX; PARAMETER-FREE ELICITATION; BEHAVIORAL DECISION-THEORY; LOSS AVERSION; STRATEGIC MANAGEMENT; REFERENCE POINTS; DOWNSIDE RISK; ORGANIZATIONAL-BEHAVIOR; OPTION VALUATION; MANAGERIAL RISK;

D O I：

10.1177/0149206310394863

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The authors review management research drawing on prospect theory, focusing primarily on studies in strategic management and organizational behavior/human resource management. These studies have made valuable contributions to several prominent research streams. However, they commonly underutilize or misconstrue central arguments from prospect theory. Furthermore, they illustrate that applying prospect theory in organizational settings poses several theoretical and methodological challenges. Thus, the authors review these studies, critically analyze them, and make suggestions to enrich future work.

引用

页码：1069 / 1107

页数：39

共 50 条

[31] AI in operations management: applications, challenges and opportunities
Ali K. Dogru
Burcu B. Keskin
Journal of Data, Information and Management, 2020, 2 (2): : 67 - 74
[32] Prospect Theory and Tenure Reform: Impacts on Forest Management
Sullivan, Karen A.
Uchida, Emi
Sproul, Thomas W.
Xu, Jintao
LAND ECONOMICS, 2018, 94 (03) : 405 - 424
[33] ROLE OF NETWORK THEORY IN SOLID-STATE ELECTRONICS - ACCOMPLISHMENTS AND FUTURE CHALLENGES
MULLIGAN, JH
IEEE TRANSACTIONS ON CIRCUIT THEORY, 1963, CT10 (03): : 323 - &
[34] 50 years of biometric research: Accomplishments, challenges, and opportunities
Jain, Anil K.
Nandakumar, Karthik
Ross, Arun
PATTERN RECOGNITION LETTERS, 2016, 79 : 80 - 105
[35] Challenges of continuous optimization in theory and applications
Duer, Mirjam
Karasozen, Bulent
Weber, Gerhard-Wilhelm
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2007, 181 (03) : 1065 - 1068
[36] Prospect theory in the wild: how good is the nonexperimental evidence for prospect theory?
Hofmeyr, Andre
Kincaid, Harold
JOURNAL OF ECONOMIC METHODOLOGY, 2019, 26 (01) : 13 - 31
[37] Application of cognitive load theory to the design and evaluation of usability study of mHealth applications: Opportunities and challenges
Yang, Rumei
Wei, Wei
Cummins, Mollie R.
2017 IEEE INTERNATIONAL CONFERENCE ON HEALTHCARE INFORMATICS (ICHI), 2017, : 572 - 572
[38] A Theory of Metadata Enriching and Filtering: Challenges and Opportunities to Implementation
Alemu, Getaneh
QUALITATIVE & QUANTITATIVE METHODS IN LIBRARIES, 2016, : 311 - 334
[39] Advancing urban sustainability theory and action: Challenges and opportunities
Childers, Daniel L.
Pickett, Steward T. A.
Grove, J. Morgan
Ogden, Laura
Whitmer, Alison
LANDSCAPE AND URBAN PLANNING, 2014, 125 : 320 - 328
[40] Editorial: The Challenges and Opportunities of Introspection in Psychology: Theory and Method
Weger, Ulrich W.
Wagemann, Johannes
Tewes, Christian
FRONTIERS IN PSYCHOLOGY, 2019, 10

← 1 2 3 4 5 →