Decision theory | Prospect theory
Prospect theory is a theory of behavioral economics and behavioral finance that was developed by Daniel Kahneman and Amos Tversky in 1979. The theory was cited in the decision to award Kahneman the 2002 Nobel Memorial Prize in Economics. Based on results from controlled studies, it describes how individuals assess their loss and gain perspectives in an asymmetric manner (see loss aversion). For example, for some individuals, the pain from losing $1,000 could only be compensated by the pleasure of earning $2,000. Thus, contrary to the expected utility theory (which models the decision that perfectly rational agents would make), prospect theory aims to describe the actual behavior of people. In the original formulation of the theory, the term prospect referred to the predictable results of a lottery. However, prospect theory can also be applied to the prediction of other forms of behaviors and decisions. (Wikipedia).
Teach Astronomy - Formation of the Solar System
http://www.teachastronomy.com/ Any theory of the formation of the solar system must explain a specific set of facts. The Sun occupies most of the mass of the solar system with the planets barely 0.2 percent. The Sun and the planets orbit in a single plane, and the Sun also rotates in tha
From playlist 12. Formation and Nature of Planetary Systems
http://www.teachastronomy.com/ Cosmology is the study of the universe, its history, and everything in it. It comes from the Greek root of the word cosmos for order and harmony which reflected the Greek belief that the universe was a harmonious entity where everything worked in concert to
From playlist 22. The Big Bang, Inflation, and General Cosmology
Problems with the Calculus | Math History | NJ Wildberger
We discuss some of the controversy and debate generated by the 17th century work on Calculus. Newton and Leibniz's ideas were not universally accepted as making sense, despite the impressive, even spectacular achievements that the new theory was able to demonstrate. In this lecture we di
From playlist MathHistory: A course in the History of Mathematics
What is the Riemann Hypothesis?
This video provides a basic introduction to the Riemann Hypothesis based on the the superb book 'Prime Obsession' by John Derbyshire. Along the way I look at convergent and divergent series, Euler's famous solution to the Basel problem, and the Riemann-Zeta function. Analytic continuation
From playlist Mathematics
Number theory Full Course [A to Z]
Number theory (or arithmetic or higher arithmetic in older usage) is a branch of pure #mathematics devoted primarily to the study of the integers and integer-valued functions. Number theorists study prime numbers as well as the properties of objects made out of integers (for example, ratio
From playlist Number Theory
Eclipse science: Discoveries in the Moon’s shadow
A total eclipse of the Sun is an awe-inspiring sight, but throughout history it has also inspired scientific research. Studying eclipses has led to discoveries about the composition of the Sun, the workings of our Solar System and the physics of the Universe itself. Find out more about t
From playlist Astro
Prospect Theory and Stock Market Anomalies - L. Jin - 1/31/2020
"Prospect Theory and Stock Market Anomalies" Lawrence Jin, Assistant Professor of Finance, Caltech Abstract: This talk discusses some recent development in the field of behavioral finance, with a focus on a new model of asset prices in which investors evaluate risk according to prospect t
From playlist HSS Caltech + Finance 2020
In this video I explain why so many physicists believe in string theory but that it also comes with a number of problems. It requires the existence of additional dimensions of space (which we do not see), of new particles (which we do not see), and of new fields (leading to deviations from
From playlist Physics
7. Behavioral Finance: The Role of Psychology
Financial Markets (ECON 252) Behavioral Finance is a relatively recent revolution in finance that applies insights from all of the social sciences to finance. New decision-making models incorporate psychology and sociology, among other disciplines, to explain economic and financial phen
From playlist Financial Markets (2008) with Robert Shiller
Why science is NOT 'Just a Theory'
Have you ever heard ‘evolution’ dismissed as ‘just a theory’? Is a scientific theory no different to the theory that Elvis is still alive? Jim Al-Khalili puts the record straight. Subscribe for regular science videos: http://bit.ly/RiSubscRibe There’s an important difference between a sci
From playlist Ri Animations
Higgs Boson Properties: HL/HE-LHCProjections based on 3000 fb-1 14 TeV by Jyothsna Rani Komaragiri
DISCUSSION MEETING HUNTING SUSY @ HL-LHC (ONLINE) ORGANIZERS Satyaki Bhattacharya (SINP, India), Rohini Godbole (IISc, India), Kajari Majumdar (TIFR, India), Prolay Mal (NISER-Bhubaneswar, India), Seema Sharma (IISER-Pune, India), Ritesh K. Singh (IISER-Kolkata, India) and Sanjay Kumar S
From playlist HUNTING SUSY @ HL-LHC (ONLINE) 2021
This is Lasers and Their Prospects by Sobolev and Purto. Here it is https://amzn.to/3DOcy7l Useful Math Supplies https://amzn.to/3Y5TGcv My Recording Gear https://amzn.to/3BFvcxp (these are my affiliate links) ***********Math, Physics, and Computer Science Books*********** Epic Math Book
From playlist Book Reviews #shorts
HL-LHC Physics Perspectives by Sezen Sekman
DISCUSSION MEETING HUNTING SUSY @ HL-LHC (ONLINE) ORGANIZERS Satyaki Bhattacharya (SINP, India), Rohini Godbole (IISc, India), Kajari Majumdar (TIFR, India), Prolay Mal (NISER-Bhubaneswar, India), Seema Sharma (IISER-Pune, India), Ritesh K. Singh (IISER-Kolkata, India) and Sanjay Kumar S
From playlist HUNTING SUSY @ HL-LHC (ONLINE) 2021
11. Behavioral Finance and the Role of Psychology
Financial Markets (2011) (ECON 252) Deviating from an absolute belief in the principle of rationality, Professor Shiller elaborates on human failings and foibles. Acknowledging impulses to exploit these weaknesses, he emphasizes the role of factors that keep these impulses in check, speci
From playlist Financial Markets (2011) with Robert Shiller
Teach Astronomy - The Anthropic Principle
http://www.teachastronomy.com/ The anthropic principle is an extraordinary idea that is somewhat controversial even amongst scientists. It's possible that the existence of life in the universe is not an accident, that the role of life in the universe is more central than we might imagine.
From playlist 29. Prospects of Nonhuman Intelligences
Why Do We Hate Losing So Much?
Whether people are gambling, haggling, or just doing their best to save lives out there, losing is tough to deal with. Hosted by: Hank Green ---------- Support SciShow by becoming a patron on Patreon: https://www.patreon.com/scishow ---------- Dooblydoo thanks go to the following Patreon
From playlist SciShow Psych
What's Going on in Behavioral Finance? A Survey of the Latest Ideas - N. Barberis - 1/31/2020
"What's Going on in Behavioral Finance? A Survey of the Latest Ideas" Nicholas C. Barberis, Stephen and Camille Schramm Professor of Finance, Yale School of Management Abstract: The field of behavioral finance tries to make sense of financial data using models that make psychologically ac
From playlist HSS Caltech + Finance 2020
Hunting SUSY @ HL-LHC (Theory outlook) by John Ellis
DISCUSSION MEETING HUNTING SUSY @ HL-LHC (ONLINE) ORGANIZERS Satyaki Bhattacharya (SINP, India), Rohini Godbole (IISc, India), Kajari Majumdar (TIFR, India), Prolay Mal (NISER-Bhubaneswar, India), Seema Sharma (IISER-Pune, India), Ritesh K. Singh (IISER-Kolkata, India) and Sanjay Kumar S
From playlist HUNTING SUSY @ HL-LHC (ONLINE) 2021
Re-Imagining the Social Sciences in the Age of AI - March 4, 2020
Re-Imagining the Social Sciences in the Age of AI: A Cross-Disciplinary Conversation Wednesday, March 4 5:30 p.m. Wolfensohn Hall Co-organized by the School of Mathematics and the School of Social Sciences, this public event will feature two short talks about the transformational possibi
From playlist Mathematics
What Is The Uncertainty Principle?
Subscribe to our YouTube Channel for all the latest from World Science U. Visit our Website: http://www.worldscienceu.com/ Like us on Facebook: https://www.facebook.com/worldscienceu Follow us on Twitter: https://twitter.com/worldscienceu
From playlist Science Unplugged: Quantum Mechanics