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Review of General Psychology Pragmatic Prospection: How and Why People Think About the Future Roy F. Paymaster, Kathleen D. Vows, and Gabriele Göttingen Online First Publication, January 18, 2016.
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Pragmatic prospection is the process of evaluating the potential risks and rewards of a particular course of action.
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The purpose of pragmatic prospection is to help stakeholders make informed decisions by providing a comprehensive assessment of the risks and rewards involved.
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Information such as potential risks, financial implications, market analysis, and alternative options must be reported on a pragmatic prospection document.
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