Fitness-maximizers employ pessimistic probability weighting for decisions under risk. [PDF]
Evol Hum Sci, 2020 Price MH, Jones JH.
europepmc +1 more source
The Slicing Method: Determining Insensitivity Regions of Probability Weighting Functions. [PDF]
Comput Econ, 2023 Egozcue M, García LF, Zitikis R.
europepmc +1 more source
Impact of online lottery sales prohibition on the structure of lottery consumers: A time cost perspective in China. [PDF]
PLoS OneFeng Z.
europepmc +1 more source
Risk, uncertainty and ambiguity amid Covid-19: A multi-national analysis of international travel intentions. [PDF]
Ann Tour Res, 2022 Williams AM, Chen JL, Li G, Baláž V.
europepmc +1 more source
Ambiguity Aversion and Cost-Plus Procurement Contracts [PDF]
This paper presents a positive theory about the contractual form of procurement contracts under cost uncertainty. While the cost of manufacture is uncertain it can be controlled, to an extent depending on the effort exerted by the agent.
Sujoy Mukerji
core
Vaccinating SIS epidemics under evolving perception in heterogeneous networks. [PDF]
Eur Phys J B, 2020 Li XJ, Li X.
europepmc +1 more source
Social Stigma: A Systematic Review of Cognitive Insights from Behavioral Economics (1940-2019). [PDF]
Int J Psychol Res (Medellin), 2022 Vecchio-Camargo CM +2 more
europepmc +1 more source
Neural correlates of reward valuation in individuals with nonsuicidal self-injury under uncertainty. [PDF]
Psychol MedLee JO, Moon H, Zoh SM, Jo E, Hur JW.
europepmc +1 more source
Decision-Making Paradoxes in Humans vs Machines: The case of the Allais and Ellsberg Paradoxes [PDF]
Human decision-making is filled with a variety of paradoxes demonstrating deviations from rationality principles. Do state-of-the-art artificial intelligence (AI) models also manifest these paradoxes when making decisions? As a case study, in this work we investigate whether GPT-4, a recently released state-of-the-art language model, would show two ...
Nobandegani, Ardavan S. +2 more
openaire