Topic > Essay on the Economics of the Holocaust - 899

More discussed the vast annihilation of the Jews and the major component of the Holocaust event in relation to the third prospect theory which states that losses are valued more than gains (Kahneman and Tversky, 1979, 2000; Linking this theory to the Holocaust, this theory becomes significant in the aspect that the properties, possessions and labor of the Jewish people are valued more than their lives, the Jews were annihilated by the Nazis for to be able to take over their business and wealth, to build the wealth of the nation. Killing the Jews is loss while dominating their property, business and possessions is loss