Selection of plastic solid waste treatment technology based on cumulative prospect theory and fuzzy DEMATEL. [PDF]
Environ Sci Pollut Res Int, 2023 Under the global implementation of a low-carbon economy, the treatment of municipal plastic solid waste (PSW) has become an important task to be solved urgently.
Mao Q, Chen J, Lv J, Guo M, Xie P.
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Selection of renewable energy development path for sustainable development using a fuzzy MCDM based on cumulative prospect theory: the case of Malaysia. [PDF]
Sci RepMalaysia's excessive energy consumption has led to the depletion of traditional energy reserves such as oil and natural gas. Although Malaysia has implemented multiple policies to achieve sustainable national energy development, the current results are ...
Li T, Wang H, Lin Y.
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Financial recommendations on Reddit, stock returns and cumulative prospect theory. [PDF]
Digit Finance, 2023 This study investigates stock recommendations from the three largest finance subreddits on Reddit: wallstreetbets, investing and stocks. A simple strategy that buys recommended stocks weighted by the number of posts per day yields a portfolio with higher
Reichenbach F, Walther M.
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Risk assessment of existing buildings in tunnel construction based on an improved cumulative prospect theory method. [PDF]
Sci ProgAs urbanization in China continues to rise, an increasing number of cities are constructing subway tunnels. However, due to the complexity and ambiguity of subway tunnel construction, there is a lack of precise methods to assess the impact of these ...
Chang L, Nordin N, Gu X, Zhao Y.
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Cumulative Prospect Theory and the St.Petersburg Paradox [PDF]
Economic Theory, 2006 We find that in cumulative prospect theory (CPT) with a concave value function in gains, a lottery with finite expected value may have infinite subjective value. This problem does not occur in expected utility theory.
Rieger, Marc Oliver, Wang, Mei
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Evolutionary game model based on cumulative prospect theory for information management mechanism in SIoT [PDF]
Heliyon, 2023 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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Cumulative Prospect Theory and Deferred Annuities [PDF]
Review of Behavioral Finance, 2019 Purpose – Although it has been proved theoretically that annuities can provide optimal consumption during one’s retirement period, retirees’ reluctance to purchase annuities is a long-standing puzzle.
Chen, A., Haberman, S., Thomas, S.
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Risk Aversion in Cumulative Prospect Theory [PDF]
Management Science, 2008 This paper characterizes the conditions for risk aversion in cumulative prospect theory where risk aversion is defined in the strong sense (Rothshild Stiglitz 1970).
Horst Zank, Schmidt, Ulrich
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Axioms, 2023 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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An axiomatization of cumulative prospect theory [PDF]
Journal of Risk and Uncertainty, 1993 This paper presents a method for axiomatizing a variety of models for decision making under uncertainty, including Expected Utility and Cumulative Prospect Theory.
A. Tversky +30 more
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