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January 2022

Psychology & Climate Change

How a theory of decision-making can explain pro-environmental behavior

Prospect theory is a behavioral economic theory that explains how people make decisions when faced with uncertain outcomes or risks. It suggests that people are more likely to choose an option that they perceive as a “gain” over an option that they perceive as a “loss,” even if the expected Read more…

By admin, 1 yearJanuary 20, 2022 ago
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