Results 11 to 20 of about 459,745 (286)

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 variation in cognitive ability and the other using the within-subject manipulation of time constraints in ...
Syngjoo Choi   +3 more
openaire   +4 more sources

Probability weighting as evolutionary second-best [PDF]

open access: yes, 2010
The economic concept of the second-best involves the idea that multiple simultaneous deviations from a hypothetical first-best optimum may be optimal once the first-best itself can no longer be achieved, since one distortion may partially compensate for ...
Herold, Florian, Netzer, Nick
core   +5 more sources

Cumulative Prospect Theory Version with Fuzzy Values of Outcome Estimates

open access: yesRisks, 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
doaj   +1 more source

Inverse probability weighting [PDF]

open access: yesBMJ, 2016
Statistical analysis usually treats all observations as equally important. In some circumstances, however, it is appropriate to vary the weight given to different observations. Well known examples are in meta-analysis, where the inverse variance (precision) weight given to each contributing study varies, and in the analysis of clustered data.1 ...
Mansournia, M, Altman, D
openaire   +3 more sources

The effect of positive autobiographical memory retrieval on decision-making under risk: A computational model-based analysis

open access: yesFrontiers in Psychiatry, 2022
Psychiatric disorders such as depressive and anxiety disorders are associated with altered decision-making under risk. Recent advances in neuroeconomics and computational psychiatry have further discomposed risk-based decision-making into distinct ...
Natsumi Shimizu   +9 more
doaj   +1 more source

Second-best probability weighting

open access: yesGames and Economic Behavior, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Herold, Florian, Netzer, Nick
openaire   +2 more sources

Probability Weighting Functions [PDF]

open access: yesSSRN Electronic Journal, 2015
Cumulative prospect theory (CPT) has been proposed as an alternative to expected utility theory to explain irregular behavior by economic agents. CPT comprises two key transformations: one of outcome values and the other of objective probabilities. Risk attitudes are derived from the shapes of these transformations as well as their interaction.
Martina Nardon, Paolo Pianca
openaire   +1 more source

Gender, Financial Risk, and Probability Weights [PDF]

open access: yesTheory and Decision, 2006
Economics Working Paper Series, 04 ...
Fehr-Duda, Helga   +2 more
openaire   +6 more sources

Non-Asymptotic Bounds of AIPW Estimators for Means with Missingness at Random

open access: yesMathematics, 2023
The augmented inverse probability weighting is well known for its double robustness in missing data and causal inference. If either the propensity score model or the outcome regression model is correctly specified, the estimator is guaranteed to be ...
Fei Wang, Yuhao Deng
doaj   +1 more source

Comparison of Propensity Score Weighting Methods to Remove Selection Bias in Average Treatment Effect Estimates

open access: yesInternational Journal of Turkish Education Sciences, 2023
In this Monte Carlo simulation study, the performance of six different propensity score methods implemented through weighting cases was investigated: inverse probability of treatment weighting, truncated inverse probability of treatment weighting ...
Sungur Gürel, Walter Lana Leite
doaj   +1 more source

Home - About - Disclaimer - Privacy