Results 11 to 20 of about 973,446 (295)
TEMAP2.R: True and Error model analysis program in R [PDF]
Judgment and Decision Making, 2018 True and Error Theory (TET) provides a method to separate the variability of behavior into components due to changing true policy and to random error. TET is a testable theory that can serve as a statistical model, allowing one to evaluate substantive ...
Michael H. Birnbaum +1 more
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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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Dynamic utility: the sixth reciprocity mechanism for the evolution of cooperation [PDF]
Royal Society Open Science, 2020 Game theory has been extensively applied to elucidate the evolutionary mechanism of cooperative behaviour. Dilemmas in game theory are important elements that disturb the promotion of cooperation.
Hiromu Ito, Jun Tanimoto
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Does prospect theory warrant a paradigm shift in the economics of risk?
South African Journal of Economic and Management Sciences, 2014 This paper assesses whether a paradigm shift should be made from expected utility framework to prospect theory framework – in the economics of choice under risk.
PL Mohapi
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Sanctions and Decision-Making Processes in Russia
Politikon, 2017 Sanctions are a method for countries to coerce a change in policy. In theory, when Russia’s largest trading partners all placed sanctions on Russia following its annexation of Crimea, Russia would have eventually decided to withdraw from the region to ...
Rebecca L. Smith
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Rational Economic Decision Making: The Relevance Among The Axioms of The Theory of Expected Utility
Gaziantep Üniversitesi Sosyal Bilimler Dergisi, 2019 The theory of expected utility is suggested by John Von Neumann and Oscar Morgenstern in 1944 and has had great currency until today because of its solid and consistent axiomatic structure. The theory explains economic behavior, decision making process,
Gelengül KOÇASLAN
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Choking or Delivering Under Pressure? The Case of Elimination Games in NBA Playoffs
Frontiers in Psychology, 2018 Neoclassical economic theories foretell that individuals exert the most effort, and consequently produce their best performances, when the net returns to effort are highest.
Elia Morgulev, Yair Galily
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Behaviour of subjects in risk markets
Agricultural Economics (AGRICECON), 2010 Consumer's behaviour is described mostly by the neoclassical theory in the framework of cardinalistic and ordinalistic models which involve the methodological individualism, the concept of rationalism, the equilibrium and the perfect information of ...
Karel ŠRÉDL
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Projective Capital Asset Pricing Model
Современные инновации, системы и технологии, 2022 This paper is interested in exploring the capabilities and limitations of investment decision making under uncertainty through the lens of Quantum Probabilities/formalism stand and will be focusing on the Capital Asset Pricing Model as use case.
A. Shabi
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Multiattribute Utility Theory Without Expected Utility Foundations [PDF]
Operations Research, 1996 Methods for determining the form of utilities are needed for the implementation of utility theory in specific decisions. An important step forward was achieved when utility theorists characterized useful parametric families of utilities and simplifying decompositions of multiattribute utilities.
Wakker, P.P., Miyamoto, J.
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