Results 21 to 30 of about 792,883 (326)
Asymmetrically dominated choice problems, the isolation hypothesis and random incentive mechanisms. [PDF]
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
Efficient Sets Without Expected Utility Hypothesis and An Application to Optimal Insurance Policies
Zvi Safra +3 more
openalex +3 more sources
Quantifying Risk Perception: The Entropy Decision Risk Model Utility (EDRM-U)
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
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
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
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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
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Modelling fishing location choice and spatial behaviour of fishers near a marine protected area [PDF]
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
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Evaluating Probabilities of Technical And Commercial Success And Using Them In Screening New Product Ideas [PDF]
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
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A Portfolio Choice Problem in the Framework of Expected Utility Operators
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
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Decision curve analysis: confidence intervals and hypothesis testing for net benefit
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
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