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We look at several of Elon Musk’s business ventures, forays, and interests: (1) X.com; (2) SpaceX; (3) Tesla; (4) cryptocurrency; and (5) Twitter. We discuss Musk’s decision-making and see whether behavioural economics, especially prospect theory, can help us to better understand his...
Persistent link: https://www.econbiz.de/10014236494
Developments in technology have facilitated the emergence of new crowd counting organisations. Some of the organisations have established platforms to disseminate their data, making it available to researchers for the first time. These databases promise to increase the quality and quantity of...
Persistent link: https://www.econbiz.de/10013322673
What we know about human decision-making under risk and uncertainty has expanded rapidly over the past forty years. Much of this work has been undertaken by psychologists and economists working together in the new field of behavioural economics. We work through the steps that led to the...
Persistent link: https://www.econbiz.de/10012831132
Using prospect theory as our core descriptive model of the decision-making process, we explore how behavioural economics can be used to expand what can be said about terrorist behaviour and align the inferences about terrorist behaviour that have been drawn from a diverse collection of...
Persistent link: https://www.econbiz.de/10013310848