Results 21 to 30 of about 511,438 (289)
On the Empirical Validity of Cumulative Prospect Theory: Experimental Evidence of Rank‐Independent Probability Weighting [PDF]
Econometrica, 2020 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.
Bernheim, B. Douglas, Sprenger, Charles
openaire +2 more sources
Advances in Mechanical Engineering, 2018 Reliability analysis is a synthesis problem affected by both epistemic and aleatory uncertainties, due to the difficulties such as lack of statistical data and insufficient subjective information, which implies that the reliability analysis method has ...
Xiao-Feng Xue, Yun-Wen Feng, Cheng Lu
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Multiple utility constrained multi-objective programs using Bayesian theory
Journal of Industrial Engineering International, 2017 A utility function is an important tool for representing a DM’s preference. We adjoin utility functions to multi-objective optimization problems. In current studies, usually one utility function is used for each objective function.
Pooneh Abbasian +2 more
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The de Finetti structure behind some norm-symmetric multivariate densities with exponential decay
Dependence Modeling, 2020 We derive a sufficient condition on the symmetric norm ||·|| such that the probability distribution associated with the density function f (x) ∝exp(−λ ||x||) is conditionally independent and identically distributed in the sense of de Finetti’s seminal ...
Mai Jan-Frederik
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Tractability through Exchangeability: A New Perspective on Efficient Probabilistic Inference [PDF]
, 2014 Exchangeability is a central notion in statistics and probability theory. The assumption that an infinite sequence of data points is exchangeable is at the core of Bayesian statistics.
Broeck, Guy Van den, Niepert, Mathias
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Bayesian Decision Theory and Stochastic Independence [PDF]
, 2020 As stochastic independence is essential to the mathematical development of probability theory, it seems that any foundational work on probability should be able to account for this property. Bayesian decision theory appears to be wanting in this respect.
Mongin, Philippe
core
, 2010 In the present paper we define the notion of generalized cumulants which gives a universal framework for commutative, free, Boolean, and especially, monotone probability theories.
Hasebe, Takahiro, Saigo, Hayato
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Стратегические решения и риск-менеджмент, 2015 The article deals with the financial analysis of the companies in bankruptcy proceedings. Using the principle of invariance of factors in predicting the functions of financial analysis, it was possible to assess the parameters and structure of the ...
A. V. Babanov
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A Strong Hybrid S-Box Scheme Based on Chaos, 2D Cellular Automata and Algebraic Structure
IEEE Access, 2022 Substitution-boxes are the main deciding components in symmetric-key cryptosystems for resisting many cryptanalytic attacks. It has been a challenging task for the designers to construct strong S-box which satisfies multiple cryptographic properties ...
Amirul Haque +4 more
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Extreme value theory in emerging markets: Evidence from the Montenegrin stock exchange [PDF]
Ekonomski Anali, 2015 The concept of Value at Risk(VaR) estimates the maximum loss of a financial position at a given time for a given probability. This paper considers the adequacy of the methods that are the basis of extreme value theory in the Montenegrin emerging
Cerović Julija, Karadžić Vesna
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