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Probability Weighting and Cognitive Ability

open access: yesManagement Science, 2022
Probability weighting is a major concept for accommodating systematic departures from expected utility theory. We examine the relation between probability weighting and cognitive ability with two experiments: one recruiting subjects with a large ...
Syngjoo Choi   +2 more
exaly   +4 more sources

Feedback Influences Discriminability and Attractiveness Components of Probability Weighting in Descriptive Choice Under Risk [PDF]

open access: goldFrontiers in Psychology, 2019
Our understanding of the decisions made under scenarios where both descriptive and experience-based information are available is very limited. Underweighting of small probabilities was observed in the gain domain when both description and experience were
Shruti Goyal, Krishna P. Miyapuram
doaj   +2 more sources

Cognitive biases as Bayesian probability weighting in context [PDF]

open access: yesFrontiers in Psychology
IntroductionHumans often exhibit systematic biases in judgments under uncertainty, such as conservatism bias and base-rate neglect. This study investigates the context dependence of these biases within a Bayesian framework.MethodsForty-eight participants
Bruno Kopp
doaj   +2 more sources

Nonlinear Probability Weighting in Depression and Anxiety: Insights From Healthy Young Adults [PDF]

open access: yesFrontiers in Psychiatry, 2022
Both depressive and anxiety disorders have been associated with excessive risk avoidant behaviors, which are considered an important contributor to the maintenance and recurrence of these disorders.
Kosuke Hagiwara   +6 more
doaj   +2 more sources

Normalized Augmented Inverse Probability Weighting with Neural Network Predictions [PDF]

open access: yesEntropy, 2022
The estimation of average treatment effect (ATE) as a causal parameter is carried out in two steps, where in the first step, the treatment and outcome are modeled to incorporate the potential confounders, and in the second step, the predictions are ...
Mehdi Rostami, Olli Saarela
doaj   +2 more sources

Inverse probability weighting for causal inference in hierarchical data [PDF]

open access: yesBMC Medical Research Methodology
Objective The aim of this study was to explore the impact of model misspecification, balance, and extreme weights on average treatment effect (ATE) estimation in hierarchical data with unmeasured cluster-level confounders using the multilevel propensity ...
Lin Hu   +10 more
doaj   +2 more sources

Dorsolateral prefrontal cortex plays causal role in probability weighting during risky choice [PDF]

open access: yesScientific Reports, 2022
In this study, we provide causal evidence that the dorsolateral prefrontal cortex (DLPFC) supports the computation of subjective value in choices under risk via its involvement in probability weighting.
Ksenia Panidi   +3 more
doaj   +2 more sources

Self-Distancing Reduces Probability-Weighting Biases

open access: yesFrontiers in Psychology, 2018
We have abundant evidence that people exhibit biases in weighting probability information. The current study aims to examine whether self-distancing would reduce these biases.
Qingzhou Sun   +3 more
doaj   +2 more sources

Correlation between metabolic unhealth and prostate cancer -an inverse probability weighting study [PDF]

open access: yesBMC Urology
Background Current research indicates that prostate cancer (PCa) is one of the most common cancers in men, and its occurrence may be linked to metabolic unhealth.
Mingyue Chen   +5 more
doaj   +2 more sources

Inverse Probability Weighting Enhances Absolute Risk Estimation in Three Common Study Designs of Nosocomial Infections [PDF]

open access: yesClinical Epidemiology, 2022
Paulina Staus,1 Maja von Cube,1,* Derek Hazard,1,* Sam Doerken,1 Ksenia Ershova,2 James Balmford1 ,† Martin Wolkewitz1 1Institute of Medical Biometry and Statistics, Division Methods in Clinical Epidemiology, Faculty of Medicine and Medical ...
Staus P   +6 more
doaj   +2 more sources

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