Prospects of the Theory of Prospects

S. Pyastolov

Voprosy Ekonomiki, 2007, issue 12

Abstract: The article offers a version of further development of the prospects theory fundamentals in the aspect of institutional forms creation and development model. D. Kahneman and A. Tverski’s "dimensionality of decisions and judgements" is taken as the starting point of institutional dimension formation. The ontological vector is added to the cognitive one in order to form the space. The mental and physical dichotomy is considered within the Helical Institutional Development Scheme framework.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2007:id:1681

DOI: 10.32609/0042-8736-2007-12-43-59

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