Russell Sage Foundation Livres

Choices, Values, and Frames presents an empirical and theoretical challenge to classical utility theory, offering prospect theory as an alternative framework. Extensions and applications to diverse economic phenomena and to studies of consumer behavior are discussed. The book also elaborates on framing effects and other demonstrations that preferences are constructed in context, and it develops new approaches to the standard view of choice-based utility. As with the classic 1982 volume, Judgment Under Uncertainty, this volume is comprised of papers published in diverse academic journals. The editors have written several new chapters and a preface to provide a context for the work.

This groundbreaking study offers a comprehensive analysis of the wage-earning population of Pittsburgh during the early 20th century. Drawing on extensive data and first-hand accounts, the authors paint a vivid picture of the lives of workers in this vibrant and rapidly changing city. From the challenges of industrialization and immigration to the emergence of organized labor and political movements, this book provides valuable insights into the history of Pittsburgh and American society.