Prospect theory in decision making process

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dc.contributor.author	Abdulnabi, Nisreen Lukman
dc.date.accessioned	2014-10-17T12:41:20Z
dc.date.available	2014-10-17T12:41:20Z
dc.date.issued	2014-02
dc.identifier.citation	Abdulnabi, Nisreen Lukman. (2014). Prospect theory in decision making process. Thesis (M.S.), Eastern Mediterranean University, Institute of Graduate Studies and Research, Dept. of Mathematics, Famagusta: North Cyprus.	en_US
dc.identifier.uri	http://hdl.handle.net/11129/1426
dc.description	Master of Science in Applied Mathematics and Computer Science. Thesis (M.S.)--Eastern Mediterranean University, Faculty of Arts and Sciences, Dept. of Mathematics, 2014. Supervisor: Assoc. Prof. Dr. Rashad Aliyev.	en_US
dc.description.abstract	ABSTRACT: This thesis purposes the investigation of the prospect theory in decision making process. The theoretical aspects and basic concepts of the prospect theory for the decision making under uncertainty and risk are analyzed. The editing and evaluation phases of prospect theory are discussed. The expected utility, value and weighting functions are calculated. The utility functions for rational decision making by evaluating gains and losses are considered. Keywords: Prospect theory, Decision making, Expected utility, Value and weighting functions, Utility functions. ………………………………………………………………………………………………………………………… ÖZ: Bu tezin amacı karar verme sürecinde beklenti teorisini araştırmaktır. Kararsızlık ve risk durumlarında karar verme için beklenti teorisinin teorik yönleri ve temel kavramları incelenir. Bekleme teorisinin düzenleme ve değerlendirme aşamaları ele alınır. Beklenen fayda, değer ve ağırlık verme fonksiyonları hesaplanır. Rasyonel karar verme için kazanç ve zarar değerlendirilerek fayda fonksiyonları dikkate alınır. Anahtar Kelimeler: Beklenti teorisi, Karar verme, Beklenen fayda, Değer ve ağırlık verme fonksiyonları, Fayda fonksiyonları.	en_US
dc.language.iso	en	en_US
dc.publisher	Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ)	en_US
dc.subject	Mathematics	en_US
dc.subject	Applied Mathematics and Computer Science	en_US
dc.subject	Decision Making - Mathematics	en_US
dc.subject	Prospect Theory, Decision Making, Expected Utility, Value and Weighting Functions, Utility Functions	en_US
dc.title	Prospect theory in decision making process	en_US
dc.type	Thesis	en_US