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Keywords: Prospect theory
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Journal Articles
Management Decision 1–27.
Published: 05 May 2026
...–motivation–capability (AMC) framework with prospect theory’s gain/loss framing, we reconceptualize capability as a relative construct that shapes competitive decision-making. Design/methodology/approach Survey data from 300 Korean SME executives collected in March 2023 were analyzed using PLS-SEM...
Journal Articles
Management Decision (2020) 58 (10): 2117–2138.
Published: 10 November 2020
... to find themselves facing a similar massive set of challenges, with few advantages to be gained by responding differently from one another. Judgment and decision-making Terror management theory Pandemic Evolutionary-existential model Existential threat Evolutionary psychology Prospect theory...
Journal Articles
Management Decision (2019) 57 (2): 324–348.
Published: 20 August 2018
.... The “attribute-specific evaluation” approach into Multi-attribute Prospect Theory (PT) has been applied and the Design of Experiments (DoE) is used with the TOPSIS value of the firm as the response variable. Findings The proposal has been applied to 118 companies evaluated by Vigeo and Covalence CSR agencies...
Journal Articles
Management Decision (2017) 55 (5): 1006–1021.
Published: 19 June 2017
... This study utilizes the prospect theory and strategic customer framework to analyze the decision-making behavior on the newsvendor’s optimal pricing policy and ordering quantity. The paper further presents an extension of newsvendor model and provides the model’s properties. The paper finally analyzes...

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