Making regulation fit by taking irrationality into account: the case of the whistleblower
Abstract Prospect theory describes people as bounded rational decision maker. What sparked widespread discussion after its initial introduction in 1979 is today criticized for lack of applicability. I use the debate about whistleblowing laws to show that prospect theory may be applied prescriptively...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Springer
2019-03-01
|
| Series: | Business Research |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1007/s40685-019-0094-6 |