Tuesday, November 8, 2011

The Reach of 'Prospect Theory'

The Chronicle of Higher Education
November 8, 2011

Based on thousands of citation records from Thomson Reuters, this chart shows the scholarly influence of "Prospect Theory: An Analysis of Decision Under Risk," written by Daniel Kahneman and Amos Tversky, and published in Econometrica in 1979. The theory has turned up as a reference for an increasing number of journal articles and book chapters (nearly 8,000 items in all), and it has spread into a diverse range of disciplines. Thomson Reuters makes an effort to classify the major scholarship within journals and books into 280 categories; this representation of the paper’s influence condenses these classifications even further.


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