000 01293naa a2200169uu 4500
001 1111117224241
003 OSt
005 20190211180153.0
008 111111s2010 xx ||||gr |0|| 0 eng d
100 1 _aBROMILEY, Philip
_945394
245 1 0 _aLooking at prospect theory
260 _aU.S.A :
_bWiley-Blackwell,
_cdec. 2010
520 3 _aThis paper demonstrates that prospect theory's (PT) predictions differ dramatically from what strategy scholars have inferred. PT's value function predicts negative risk-return associations for high performers and positive for low performers, directly contrary to the strategy literature. In addition, PT's isolation assumption means most firm choices should appear as mixed gambles. Prior PT-based theorizing in strategy implicitly assumed that the firm faced unmixed gambles. Finally, it demonstrates that PT does not make the general predictions most strategy researchers have assumed, but rather PT's predictions depend on a full range of parametric and choice characteristics that strategy scholars have ignored. Copyright © 2010 John Wiley & Sons, Ltd
773 0 8 _tStrategic Management Journal
_g31, 12, p. 1357-1370
_dU.S.A : Wiley-Blackwell, dec. 2010
_xISSN 01432095
_w
942 _cS
998 _a20111111
_b1722^b
_cGeisneer
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c40993
_d40993
041 _aeng