Results 31 to 40 of about 792,883 (326)
Uncertainty and Risk in Mainstream Economics: An Outline
Undoubtedly, risk and uncertainty are not the fundamental economic categories, yet they play an important role in economic sciences and economic practice.
Tomasz Zalega
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Continuous participation in further education activities is considered to be a driving factor for the professionalism of adult educators. However, especially in this field, the decision to participate is often embedded in a context of disadvantageous ...
Karoline Werner, Andreas Martin
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Expected Utility and Prospect Theories Versus Agricultural Insurance
The expected utility theory/hypothesis (EUT/ET) by von Neumann and Morgenstern has become the subject of criticism and efforts to improve it already at the moment of presenting its complete axiomatic form (1953).
J. Kulawik
semanticscholar +2 more sources
Bayesian methods for analyzing true-and-error models [PDF]
Birnbaum and Quispe-Torreblanca (2018) evaluated a set of six models developed under true-and-error theory against data in which people made choices in repeated gambles.
Michael D. Lee
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Too good to be true: rhesus monkeys react negatively to better-than-expected offers. [PDF]
To succeed in a dynamically changing world, animals need to predict their environments. Humans, in fact, exhibit such a strong desire for consistency that one of the most well-established findings in social psychology is the effort people make to ...
Emily J Knight +2 more
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A horizontal alignment tool for numerical trend discovery in sequence data: application to protein hydropathy. [PDF]
An algorithm is presented that returns the optimal pairwise gapped alignment of two sets of signed numerical sequence values. One distinguishing feature of this algorithm is a flexible comparison engine (based on both relative shape and absolute ...
Omar Hadzipasic +2 more
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Maximum saliency bias in binocular fusion [PDF]
Subjective experience at any instant consists of a single (“unitary”), coherent interpretation of sense data rather than a “Bayesian blur” of alternatives.
Bernardo J. +3 more
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Entrepreneurial decision-making using the knightian uncertainty approach
The article discusses the behavioral aspects that affect the entrepreneurs' decision making under the Knightian uncertainty approach. Since the profit arising from entrepreneurial activity represents the reward of an immeasurable and subjective risk, it ...
Maria Sylvia Macchione Saes +2 more
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Identifying logical errors in complex, incomplete or even contradictory and overall heterogeneous data like students’ experimentation protocols is challenging.
Arne Bewersdorff +4 more
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This paper examines the stochastic implications of permanent income hypothesis for speculative prices from a sample of economic data from 1967 to 2017 in the United States.
Chamil W. Senarathne, Wei Jianguo
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