Probability weighting explains Independence Axiom violations of Expected Utility Theory in monkeys [PDF]
AbstractExpected Utility Theory (EUT) provides axioms for maximizing utility in risky choice. The Independence Axiom (IA) is its most demanding axiom: preferences between two options should not change when altering both options equally by mixing them with a common gamble. We tested common consequence (CC) and common ratio (CR) violations of the IA over
Simone Ferrari-Toniolo+2 more
semanticscholar +7 more sources
Homotopy Theory of Probability Spaces I: Classical independence and homotopy Lie algebras
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Jae-Suk Park
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In the renewal risk model, several strong hypotheses may be found too restrictive to model accurately the complex evolution of the reserves of an insurance company. In the case where claim sizes are heavy-tailed, we relax independence and stationarity assumptions and extend some asymptotic results on finite-time ruin probabilities, to take into account
Biard, Romain+2 more
+7 more sources
Book Review: Slatistical independence in probability, analysis and number theory [PDF]
W. J. LeVeque
openaire +5 more sources
On the Empirical Validity of Cumulative Prospect Theory: Experimental Evidence of Rank‐Independent Probability Weighting [PDF]
Cumulative Prospect Theory (CPT), the leading behavioral account of decisionmaking under uncertainty, avoids the dominance violations implicit in Prospect Theory (PT) by assuming that the probability weight applied to a given outcome depends on its ranking.
Charles Sprenger+2 more
openaire +5 more sources
Test of the physical significance of Bell non-locality. [PDF]
Vieira C, Ramanathan R, Cabello A.
europepmc +1 more source
A New Evidential Reasoning Rule Considering Evidence Correlation with Maximum Information Coefficient and Application in Fault Diagnosis. [PDF]
Liu S, Hu G, Du S, Gao H, Chang L.
europepmc +1 more source
An Epidemiologic Approach for Estimating Risk Reduction and Asymptotic Power on the Log-Difference Scale. [PDF]
Efird JT.
europepmc +1 more source
Book Review: Limit theorems of probability theory: Sequences of independent random variables [PDF]
openaire +2 more sources
Comparison of statistical methods for the analysis of patient-reported outcomes (PROs), particularly the Short-Form 36 (SF-36), in randomised controlled trials (RCTs) using standardised effect size (SES): an empirical analysis. [PDF]
Qian Y+3 more
europepmc +2 more sources