Butler, Christopher K. - In: Journal of Conflict Resolution 51 (2007) 2, pp. 227-250
Despite many applications of prospect theory's concepts to explain political and strategic phenomena, formal analyses … of strategic problems using prospect theory are rare. Using Fearon's model of bargaining, Tversky and Kahneman's value … expected value and prospect theory when applied to strategic interaction. Critically important to this demonstration is an …