Here's the basic idea: According to expected utility theory, people make risky decisions by balancing the value of all possible outcomes.
其基本思想如下：根据期望效用理论，人们的风险决策是在权衡所有可能产出后得到的结果。
Here's the basic idea: According to expected utility theory, people make risky decisions by balancing the value of all possible outcomes. So let's say that you're betting on the flip of a coin.
其基本思想如下：根据期望效用理论，人们的风险决策是在权衡所有可能产出后得到的结果。
By comparing to the evaluation of stock value based on expected utility theory, the value of prospect theory-based evaluation model can better reflect the investment value of the stock.
通过和基于期望效用理论的评价对比发现基于前景理论的价值评价模型更能反映出股票的投资价值。
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