


This is a study of the applicability of prospect theory to military decision making. Prospect theory posits that the decision maker's reference point determines the domain in which he makes a decision. If the domain is one of losses, the decision maker will tend to be risk...

This is a study of the applicability of prospect theory to military decision making. Prospect theory posits that the decision maker's reference point determines the domain in which he makes a decision. If the domain is one of losses, the decision maker will tend to be risk...