---
title: The Prospect Theory of Gain… Why Climate Change isn’t a Single Issue Matter
description: We take a look at one of the key economic theories of relativism underpinning climate change policy.
image: https://blog.redribbon.co/hubfs/rramarticle2409-1.jpg
---

 1

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# The Prospect Theory of Gain… Why Climate Change isn’t a Single Issue Matter

[![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/blogs-lists/author/suchit-punnose) ** Sep 25, 2020 1:26:00 PM

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[Suchit Punnose](https://blog.redribbon.co/en/blogs-lists/author/suchit-punnose)  / About Author

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##### [The Prospect Theory of Gain… Why Climate Change isn’t a Single Issue Matter](https://blog.redribbon.co/en/blogs-lists/prospect-theory-of-gain-why-climate-change-isnt-a-single-issue-matter)

[![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/blogs-lists/author/suchit-punnose) ** Sep 24, 2020 12:00:00 AM

[**Daniel Kahneman**](https://scholar.princeton.edu/kahneman/home) won the Nobel Prize for his “[**Prospect Theory of Gain**](https://www.investopedia.com/terms/p/prospecttheory.asp#:~:text=Tversky%20and%20Kahneman%20proposed%20that,the%20option%20offering%20perceived%20gains.&text=The%20other%20option%20is%20gaining%20%2450%20and%20losing%20%2425.)”, the theory that losing a...

[Read More](https://blog.redribbon.co/en/blogs-lists/prospect-theory-of-gain-why-climate-change-isnt-a-single-issue-matter)

##### [The Drift from China…India will benefit, and no one should be surprised](https://blog.redribbon.co/en/blogs-lists/goldmine-opportunity-waiting-tapped-eco-tourism-india-0)

[![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/blogs-lists/author/suchit-punnose) ** Sep 25, 2020 12:00:00 AM

The Indian Government publishes an annual **Economic Survey** on trends and market conditions on the...

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##### [We know what the answer isn’t… So what’s the question?](https://blog.redribbon.co/en/blogs-lists/we-know-what-the-answer-isnt-so-whats-the-question)

[![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/blogs-lists/author/suchit-punnose) ** Jul 15, 2020 12:00:00 AM

If short term thinking isn’t the answer (and it’s not), what exactly is the question? Well, a few...

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