Results 21 to 30 of about 792,883 (326)

Asymmetrically dominated choice problems, the isolation hypothesis and random incentive mechanisms. [PDF]

open access: yesPLoS ONE, 2014
This paper presents an experimental study of the random incentive mechanisms which are a standard procedure in economic and psychological experiments. Random incentive mechanisms have several advantages but are incentive-compatible only if responses to ...
James C Cox   +2 more
doaj   +1 more source

Quantifying Risk Perception: The Entropy Decision Risk Model Utility (EDRM-U)

open access: yesSystems, 2020
Risk perception can be quantified in measurable terms of risk aversion and sensitivity. While conducting research on the quantization of programmatic risk, a bridge between positive and normative decision theories was discovered through the application ...
Thomas Monroe   +2 more
doaj   +1 more source

Gender and Risk Aversion: Evidence from a Natural Experiment

open access: yesGames, 2023
The theoretical literature on risk aversion and Expected Utility Theory is extensive; however, the analysis of this behaviour with natural experiments could be more comprehensive.
Luís Pacheco   +2 more
doaj   +1 more source

Digital inclusive finance and asset allocation of Chinese residents: Evidence from the China Household Finance Survey.

open access: yesPLoS ONE, 2022
Combined with the expected utility theory, this paper constructs a theoretical analysis framework including the development level, financial literacy, and intelligence level of Inclusive Finance, puts forward the hypothesis of the development of digital ...
Kun Li, He Mengmeng, Junjun Huo
doaj   +1 more source

Driver takeover performance in conditionally automated driving: sudden system failure situation versus ODD exit situation

open access: yesSICE Journal of Control, Measurement, and System Integration, 2021
Conditionally automated driving is expected to become available to the public in near future. However, the driver is expected to take over control from the system when a sudden system failure occurs or when the driving automation system is approaching ...
Hua Yao   +3 more
doaj   +1 more source

Modelling fishing location choice and spatial behaviour of fishers near a marine protected area [PDF]

open access: yesMarine Economics and Management, 2021
Purpose – This study investigates whether higher catch rates near a marine protected area (MPA), and/or in other fishing areas within a choice set, attract more fishers.
Riad Mohammed Sultan
doaj   +1 more source

Evaluating Probabilities of Technical And Commercial Success And Using Them In Screening New Product Ideas [PDF]

open access: yesEngineering and Technology Journal, 2010
The screening of new product ideas is perhaps the most critical activity in innovation process and development of new products, the process is associated with uncertainty and complexity.Probabilities of technical & commercial success which represents ...
Abdulamir Bektash Wali
doaj   +1 more source

A Portfolio Choice Problem in the Framework of Expected Utility Operators

open access: yesMathematics, 2019
Possibilistic risk theory starts from the hypothesis that risk is modeled by fuzzy numbers. In particular, in a possibilistic portfolio choice problem, the return of a risky asset will be a fuzzy number.
Irina Georgescu, Louis Aimé Fono
doaj   +1 more source

Decision curve analysis: confidence intervals and hypothesis testing for net benefit

open access: yesDiagnostic and Prognostic Research, 2023
Background A number of recent papers have proposed methods to calculate confidence intervals and p values for net benefit used in decision curve analysis. These papers are sparse on the rationale for doing so.
Andrew J. Vickers   +3 more
doaj   +1 more source

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