Results 21 to 30 of about 128,515 (336)
Separating response variability from structural inconsistency to test models of risky decision making [PDF]
Judgment and Decision Making, 2012 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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Dynamic Money Doctors under Cumulative Prospect Theory
Global Journal of Management and Business Research, 2019 We investigate the interaction between investors and portfolio managers under cumulative prospect theory. We model trust in the manager and the relative anxiety about investing in a risky asset in an original way. Moreover, we study how trust and anxiety affect the manager’s fee and the portfolios of cumulative prospect theory investors. In
Liurui Deng, Lan Yang, Bolin Ma
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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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Cumulative Prospect Theory Version with Fuzzy Values of Outcome Estimates
Risks, 2021 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
IEEE Access, 2021 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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Static portfolio choice under Cumulative Prospect Theory [PDF]
Mathematics and Financial Economics, 2009 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bernard, Carole, Ghossoub, Mario
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The Use of Prospect Theory for Energy Sustainable Industry 4.0
Energies, 2021 Industry 4.0 challenges facilities entrepreneurs to be competitive in the market in terms of energy by rational decision making. The goal of the paper is aimed at introducing Prospect Theory (PT) in Industry 4.0 for making decisions in order to select an
Aldona Kluczek +2 more
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Identification of cumulative prospect theory parameters for mode choice model [PDF]
MATEC Web of Conferences, 2019 The use of Cumulative Prospect Theory (CPT) in decision making related to transportation risk is still much debated. Mainly because of the travel and socio-economic characteristics of the traveller it possible for different responses to the specified ...
Indriany Sylvia +3 more
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An Interval-Valued Three-Way Decision Model Based on Cumulative Prospect Theory
AppliedMath, 2023 In interval-valued three-way decision, the reflection of decision-makers’ preference under the full consideration of interval-valued characteristics is particularly important. In this paper, we propose an interval-valued three-way decision model based on
Hongli Zhou, Xiao Tang, Rongle Zhao
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Shanghai Jiaotong Daxue xuebao, 2022 General uninhabited aerial vehicle (UAV) situation assessment methods do not consider the influence of complex external environment on the decision-maker, and usually only get the ranking results of the evaluation.
LI Weiwei, GAO Peixue, CHEN Jin, LU Yuqing
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