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  • The Possible Career of TVL Students After Senior High Graduation

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    Jamaica Delacruz
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    The document discusses Prospect Theory and how it relates to the research topic "The Possible Career of TVL Students After Senior High Graduation". Prospect Theory shows how people make decisions that involve risk and uncertainty, thinking in terms of gains or losses relative to a reference point. It also demonstrates that people dislike losses more than equivalent gains and are more willing to take risks to avoid losses. This theory supports the research topic because it examines how people choose between career alternatives that involve risk and uncertainty, and proves that people's way of thinking can affect or help them in selecting the right career path after graduating from senior high school.

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    The document discusses Prospect Theory and how it relates to the research topic "The Possible Career of TVL Students After Senior High Graduation". Prospect Theory shows how people make decisions that involve risk and uncertainty, thinking in terms of gains or losses relative to a reference point. It also demonstrates that people dislike losses more than equivalent gains and are more willing to take risks to avoid losses. This theory supports the research topic because it examines how people choose between career alternatives that involve risk and uncertainty, and proves that people's way of thinking can affect or help them in selecting the right career path after graduating from senior high school.

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    © All Rights Reserved
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    12 views1 page

    The Possible Career of TVL Students After Senior High Graduation

    Uploaded by

    Jamaica Delacruz
    The document discusses Prospect Theory and how it relates to the research topic "The Possible Career of TVL Students After Senior High Graduation". Prospect Theory shows how people make decisions that involve risk and uncertainty, thinking in terms of gains or losses relative to a reference point. It also demonstrates that people dislike losses more than equivalent gains and are more willing to take risks to avoid losses. This theory supports the research topic because it examines how people choose between career alternatives that involve risk and uncertainty, and proves that people's way of thinking can affect or help them in selecting the right career path after graduating from senior high school.

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    © All Rights Reserved
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    of 1

    Mechille D.

    Mondejar 12- Copeland

    Christian Roy Lim Sajol Practical Research 2

    “ The Possible Career of TVL Students After Senior High Graduation”

    Prospect Theory

    Prospect theory is a behavioral model that shows how people decide between
    alternatives that involve risk and uncertainty (e.g. % likelihood of gains or losses). It
    demonstrates that people think in terms of expected utility relative to a reference point
    (e.g. current wealth) rather than absolute outcomes. Prospect theory was developed by
    framing risky choices and indicates that people are loss-averse; since individuals
    dislike losses more than equivalent gains, they are more willing to take risks to avoid a
    loss.

    This theory supports our research, which is “The Possible Career of TVL
    Students After Senior High Graduation.” Because in Prospect Theory, it shows how
    people decide between alternatives that involve risk and uncertainty. In short, this
    theory proves that the way of thinking of every people can either affect or help them in
    choosing a right career path they are going to take after senior high graduation. This
    theory supports the thought about taking risks is much better to regret and had loss of
    something.

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