Evolutionary game model based on cumulative prospect theory for information management mechanism in SIoT [PDF]
As nodes in Social Internet of Things (SIoT) become more intelligent, malicious information occurs more frequently and spreads more widely. This problem can severely affect the trustworthiness of services and applications in SIoT.
Shuting Liu, Yinghua Ma, Xiuzhen Chen
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Behavioral weather insurance: Applying cumulative prospect theory to agricultural insurance design under narrow framing. [PDF]
Experience across many countries shows that, without large premium subsidies, crop insurance uptake rates are generally low. In this article, we propose to use the cumulative prospect theory to design weather insurance products for situations in which ...
Tobias Dalhaus +2 more
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Crane Safety Assessment Method Based on Entropy and Cumulative Prospect Theory
Assessing the safety status of cranes is an important problem. To overcome the inaccuracies and misjudgments in such assessments, this work describes a safety assessment method for cranes that combines entropy and cumulative prospect theory. Firstly, the
Aihua Li, Zhangyan Zhao
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Decision-making of construction workers' waste reduction behavior: a study based on Cost-Benefit Theory and Cumulative Prospect Theory [PDF]
The rapid advancement of industrialization and urbanization has led to a significant generation of construction waste, causing serious resource wastage and environmental pollution. To promote the sustainable development of the construction industry, this
Shuitai Xu +7 more
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Explaining Managerial Incentives for Earnings Manipulation Using Cumulative Prospect Theory (Case Study: Companies Listed in Tehran Stock Exchange) [PDF]
Prospect theory explains how individuals’ feelings and preferences influence their decision-making. The purpose of this research was to investigate earnings manipulation incentives within companies listed in Tehran Stock Exchange using fourfold pattern ...
Fahime Ebrahimi +2 more
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Tests of Cumulative Prospect Theory with graphical displays of probability [PDF]
Recent research reported evidence that contradicts cumulative prospect theory and the priority heuristic. The same body of research also violates two editing principles of original prospect theory: cancellation (the principle that people delete any ...
Michael H. Birnbaum +2 more
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Separating response variability from structural inconsistency to test models of risky decision making [PDF]
Individual true and error theory assumes that responses by the same person to the same choice problem within a block of trials are based on the same true preferences but may show preference reversals due to random error.
Michael H. Birnbaum, Jeffrey P. Bahra
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Addressing the complex issue of multi-attribute decision-making within a probabilistic dual hesitant fuzzy context, where attribute weights are unknown, a novel decision-making method based on cumulative prospect theory is proposed, named the ...
Wenyu Zhang, Yuting Zhu
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Cumulative Prospect Theory Version with Fuzzy Values of Outcome Estimates
Choosing solutions under risk and uncertainty requires the consideration of several factors. One of the main factors in choosing a solution is modeling the decision maker’s attitude to risk. The expected utility theory was the first approach that allowed
Oleg Uzhga-Rebrov, Peter Grabusts
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Study on the Optimal Strategy of Missile Interception
Missiles have been playing an important role in modern wars. In order to gain advantage in missile contests, the technology of missile interception have been developed for many years. However, constrained by current technology, it is still very difficult
Kaiye Gao, Xiangbin Yan
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