{"id":"https://openalex.org/W2083971718","doi":"https://doi.org/10.1177/0149206310394863","title":"Management Theory Applications of Prospect Theory: Accomplishments, Challenges, and Opportunities","display_name":"Management Theory Applications of Prospect Theory: Accomplishments, Challenges, and Opportunities","publication_year":2011,"publication_date":"2011-02-07","ids":{"openalex":"https://openalex.org/W2083971718","doi":"https://doi.org/10.1177/0149206310394863","mag":"2083971718"},"language":"en","primary_location":{"id":"doi:10.1177/0149206310394863","doi":"https://doi.org/10.1177/0149206310394863","is_oa":false,"landing_page_url":"https://doi.org/10.1177/0149206310394863","pdf_url":null,"source":{"id":"https://openalex.org/S122767448","display_name":"Journal of Management","issn_l":"0149-2063","issn":["0149-2063","1557-1211"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5045103326","display_name":"Robert Michael Holmes","orcid":"https://orcid.org/0000-0002-8003-8492","observed_orcids":["https://orcid.org/0000-0002-8003-8492"]},"institutions":[{"id":"https://openalex.org/I103163165","display_name":"Florida State University","ror":"https://ror.org/05g3dte14","country_code":"US","type":"education","lineage":["https://openalex.org/I103163165"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"R. Michael Holmes","raw_affiliation_strings":["Florida State University,"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Florida State University,","institution_ids":["https://openalex.org/I103163165"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5085964768","display_name":"Philip Bromiley","orcid":"https://orcid.org/0000-0002-5700-8607","observed_orcids":["https://orcid.org/0000-0002-5700-8607"]},"institutions":[{"id":"https://openalex.org/I204250578","display_name":"University of California, Irvine","ror":"https://ror.org/04gyf1771","country_code":"US","type":"education","lineage":["https://openalex.org/I204250578"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Philip Bromiley","raw_affiliation_strings":["University of California, Irvine"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of California, Irvine","institution_ids":["https://openalex.org/I204250578"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5043608727","display_name":"Cynthia E. Devers","orcid":"https://orcid.org/0000-0002-0467-0437","observed_orcids":["https://orcid.org/0000-0002-0467-0437"]},"institutions":[{"id":"https://openalex.org/I114832834","display_name":"Tulane University","ror":"https://ror.org/04vmvtb21","country_code":"US","type":"education","lineage":["https://openalex.org/I114832834"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Cynthia E. Devers","raw_affiliation_strings":["Tulane University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tulane University","institution_ids":["https://openalex.org/I114832834"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5031828368","display_name":"Tim R. Holcomb","orcid":"https://orcid.org/0000-0002-2529-8320","observed_orcids":["https://orcid.org/0000-0002-2529-8320"]},"institutions":[{"id":"https://openalex.org/I103163165","display_name":"Florida State University","ror":"https://ror.org/05g3dte14","country_code":"US","type":"education","lineage":["https://openalex.org/I103163165"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Tim R. Holcomb","raw_affiliation_strings":["Florida State University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Florida State University","institution_ids":["https://openalex.org/I103163165"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5113616166","display_name":"Jean \u0392. McGuire","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I121820613","display_name":"Louisiana State University","ror":"https://ror.org/05ect4e57","country_code":"US","type":"education","lineage":["https://openalex.org/I121820613"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jean B. McGuire","raw_affiliation_strings":["Louisiana State University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Louisiana State University","institution_ids":["https://openalex.org/I121820613"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5045103326"],"corresponding_institution_ids":["https://openalex.org/I103163165"],"apc_list":{"value":3900,"currency":"USD","value_usd":3900},"apc_paid":null,"fwci":5.2889,"has_fulltext":false,"cited_by_count":216,"citation_normalized_percentile":{"value":0.96838095,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":99,"max":100},"biblio":{"volume":"37","issue":"4","first_page":"1069","last_page":"1107"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13235","display_name":"Management Theory and Practice","score":0.0017000000225380063,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10006","display_name":"Job Satisfaction and Organizational Behavior","score":0.0013000000035390258,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/prospect-theory","display_name":"prospect theory","score":1.0},{"id":"https://openalex.org/keywords/strategic-management","display_name":"strategic management","score":0.7300000190734863},{"id":"https://openalex.org/keywords/organizational-behavior","display_name":"organizational behavior","score":0.9229999780654907},{"id":"https://openalex.org/keywords/human-resource-management","display_name":"human resource management","score":1.0},{"id":"https://openalex.org/keywords/risk-preferences","display_name":"risk preferences","score":0.4959999918937683},{"id":"https://openalex.org/keywords/behavioral-economics","display_name":"behavioral economics","score":0.4779999852180481},{"id":"https://openalex.org/keywords/decision-making-under-risk","display_name":"decision making under risk","score":0.4880000054836273},{"id":"https://openalex.org/keywords/theoretical-issues","display_name":"theoretical issues","score":0.3400000035762787}],"concepts":[{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.5853368043899536},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.5243620872497559},{"id":"https://openalex.org/C39214371","wikidata":"https://www.wikidata.org/wiki/Q19483216","display_name":"Organizational behavior","level":2,"score":0.5168936252593994},{"id":"https://openalex.org/C2992591114","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management theory","level":2,"score":0.45195192098617554},{"id":"https://openalex.org/C78909007","wikidata":"https://www.wikidata.org/wiki/Q149584","display_name":"Organizational theory","level":2,"score":0.431916207075119},{"id":"https://openalex.org/C202372285","wikidata":"https://www.wikidata.org/wiki/Q1056396","display_name":"Human resource management","level":2,"score":0.41363605856895447},{"id":"https://openalex.org/C55587333","wikidata":"https://www.wikidata.org/wiki/Q1133029","display_name":"Engineering ethics","level":1,"score":0.3677715063095093},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.33562469482421875},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.30419546365737915},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.26562702655792236},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.22894883155822754},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.21836921572685242},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.17662662267684937},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.10933038592338562},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.10365623235702515},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1177/0149206310394863","doi":"https://doi.org/10.1177/0149206310394863","is_oa":false,"landing_page_url":"https://doi.org/10.1177/0149206310394863","pdf_url":null,"source":{"id":"https://openalex.org/S122767448","display_name":"Journal of Management","issn_l":"0149-2063","issn":["0149-2063","1557-1211"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management","raw_type":"journal-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.890.2464","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.890.2464","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://jom.sagepub.com/content/37/4/1069.full.pdf","raw_type":"text"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.902.486","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.902.486","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://jom.sagepub.com/content/early/2011/02/07/0149206310394863.full.pdf","raw_type":"text"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":168,"referenced_works":["https://openalex.org/W62055964","https://openalex.org/W158727920","https://openalex.org/W566586761","https://openalex.org/W1487774469","https://openalex.org/W1502670054","https://openalex.org/W1530927730","https://openalex.org/W1581813620","https://openalex.org/W1596823862","https://openalex.org/W1895366050","https://openalex.org/W1965267111","https://openalex.org/W1967900087","https://openalex.org/W1969399473","https://openalex.org/W1971844994","https://openalex.org/W1972059052","https://openalex.org/W1975554625","https://openalex.org/W1976772585","https://openalex.org/W1977509711","https://openalex.org/W1977600933","https://openalex.org/W1978467642","https://openalex.org/W1980339486","https://openalex.org/W1985876015","https://openalex.org/W1986646649","https://openalex.org/W1989285461","https://openalex.org/W1990969594","https://openalex.org/W1993038784","https://openalex.org/W1993158587","https://openalex.org/W1993344788","https://openalex.org/W1996807616","https://openalex.org/W1998185636","https://openalex.org/W1998740918","https://openalex.org/W1998749189","https://openalex.org/W1998894233","https://openalex.org/W2001314201","https://openalex.org/W2001462178","https://openalex.org/W2004717177","https://openalex.org/W2006397401","https://openalex.org/W2013345830","https://openalex.org/W2015812927","https://openalex.org/W2017364550","https://openalex.org/W2017563734","https://openalex.org/W2019901158","https://openalex.org/W2022240111","https://openalex.org/W2025417276","https://openalex.org/W2029056003","https://openalex.org/W2030874315","https://openalex.org/W2033347558","https://openalex.org/W2035306811","https://openalex.org/W2038260027","https://openalex.org/W2041660482","https://openalex.org/W2041946752","https://openalex.org/W2042888638","https://openalex.org/W2046411892","https://openalex.org/W2048385611","https://openalex.org/W2048924325","https://openalex.org/W2055209207","https://openalex.org/W2055721458","https://openalex.org/W2056989719","https://openalex.org/W2057288406","https://openalex.org/W2059741309","https://openalex.org/W2060155038","https://openalex.org/W2060674524","https://openalex.org/W2061960606","https://openalex.org/W2066855679","https://openalex.org/W2067179740","https://openalex.org/W2068834221","https://openalex.org/W2072612272","https://openalex.org/W2074437009","https://openalex.org/W2077375158","https://openalex.org/W2077791698","https://openalex.org/W2080612551","https://openalex.org/W2082531419","https://openalex.org/W2083798197","https://openalex.org/W2085645941","https://openalex.org/W2085784346","https://openalex.org/W2086730691","https://openalex.org/W2089307850","https://openalex.org/W2092827311","https://openalex.org/W2094830213","https://openalex.org/W2095299437","https://openalex.org/W2095966890","https://openalex.org/W2096452841","https://openalex.org/W2099336938","https://openalex.org/W2102469678","https://openalex.org/W2103379473","https://openalex.org/W2103723555","https://openalex.org/W2108114881","https://openalex.org/W2109421605","https://openalex.org/W2111667205","https://openalex.org/W2115080903","https://openalex.org/W2115783482","https://openalex.org/W2116070369","https://openalex.org/W2118041801","https://openalex.org/W2118419282","https://openalex.org/W2119240992","https://openalex.org/W2119583297","https://openalex.org/W2122397415","https://openalex.org/W2123803464","https://openalex.org/W2123924098","https://openalex.org/W2124839609","https://openalex.org/W2127718785","https://openalex.org/W2129087050","https://openalex.org/W2129188456","https://openalex.org/W2132872356","https://openalex.org/W2133469585","https://openalex.org/W2133912683","https://openalex.org/W2134595776","https://openalex.org/W2135097573","https://openalex.org/W2135138991","https://openalex.org/W2138217984","https://openalex.org/W2138775013","https://openalex.org/W2140701425","https://openalex.org/W2142837234","https://openalex.org/W2144289297","https://openalex.org/W2144846366","https://openalex.org/W2147106137","https://openalex.org/W2147991432","https://openalex.org/W2149959941","https://openalex.org/W2150078899","https://openalex.org/W2153000303","https://openalex.org/W2153683002","https://openalex.org/W2156094085","https://openalex.org/W2156795952","https://openalex.org/W2157574504","https://openalex.org/W2159630513","https://openalex.org/W2162704719","https://openalex.org/W2163145490","https://openalex.org/W2164092779","https://openalex.org/W2165893637","https://openalex.org/W2167153835","https://openalex.org/W2168237201","https://openalex.org/W2168244588","https://openalex.org/W2168564181","https://openalex.org/W2169429932","https://openalex.org/W2171935043","https://openalex.org/W2178782964","https://openalex.org/W2183803062","https://openalex.org/W2268192841","https://openalex.org/W2285786022","https://openalex.org/W2310516540","https://openalex.org/W2319350549","https://openalex.org/W2326814585","https://openalex.org/W2329312544","https://openalex.org/W2333311386","https://openalex.org/W2480928464","https://openalex.org/W2491409401","https://openalex.org/W2580389126","https://openalex.org/W2602737734","https://openalex.org/W2752617332","https://openalex.org/W2755791327","https://openalex.org/W2913243667","https://openalex.org/W3011865677","https://openalex.org/W3027820740","https://openalex.org/W3122794957","https://openalex.org/W3123331292","https://openalex.org/W3124754971","https://openalex.org/W3125169912","https://openalex.org/W3125242617","https://openalex.org/W3125331065","https://openalex.org/W4234482624","https://openalex.org/W4237403557","https://openalex.org/W4237925950","https://openalex.org/W4245409838","https://openalex.org/W4251252946","https://openalex.org/W4256062983","https://openalex.org/W4285719527","https://openalex.org/W4292157289","https://openalex.org/W4301171116","https://openalex.org/W6746628398"],"related_works":["https://openalex.org/W2973118307","https://openalex.org/W7165727618","https://openalex.org/W2324003821","https://openalex.org/W2067436713","https://openalex.org/W2159547236","https://openalex.org/W4210445088","https://openalex.org/W4205416004","https://openalex.org/W2363475453","https://openalex.org/W116511606","https://openalex.org/W7118048727"],"abstract_inverted_index":{"The":[0],"authors":[1,61],"review":[2,62],"management":[3,15],"research":[4,30],"drawing":[5],"on":[6,11],"prospect":[7,41,48],"theory,":[8],"focusing":[9],"primarily":[10],"studies":[12,22],"in":[13,50],"strategic":[14],"and":[16,56,68],"organizational":[17,51],"behavior/human":[18],"resource":[19],"management.":[20],"These":[21],"have":[23],"made":[24],"valuable":[25],"contributions":[26],"to":[27,71],"several":[28,54],"prominent":[29],"streams.":[31],"However,":[32],"they":[33,44],"commonly":[34],"underutilize":[35],"or":[36],"misconstrue":[37],"central":[38],"arguments":[39],"from":[40],"theory.":[42],"Furthermore,":[43],"illustrate":[45],"that":[46],"applying":[47],"theory":[49],"settings":[52],"poses":[53],"theoretical":[55],"methodological":[57],"challenges.":[58],"Thus,":[59],"the":[60],"these":[63],"studies,":[64],"critically":[65],"analyze":[66],"them,":[67],"make":[69],"suggestions":[70],"enrich":[72],"future":[73],"work.":[74]},"counts_by_year":[{"year":2026,"cited_by_count":7},{"year":2025,"cited_by_count":21},{"year":2024,"cited_by_count":21},{"year":2023,"cited_by_count":17},{"year":2022,"cited_by_count":12},{"year":2021,"cited_by_count":16},{"year":2020,"cited_by_count":18},{"year":2019,"cited_by_count":15},{"year":2018,"cited_by_count":8},{"year":2017,"cited_by_count":15},{"year":2016,"cited_by_count":22},{"year":2015,"cited_by_count":9},{"year":2014,"cited_by_count":8},{"year":2013,"cited_by_count":15},{"year":2012,"cited_by_count":8}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}