Results 31 to 40 of about 114,812 (338)

A Novel Probability Weighting Function Model with Empirical Studies

open access: yesInternational Journal of Computational Intelligence Systems, 2020
Probability weighting is one of the key components of the modern risky decision-making theories, an effective probability weight function can more accurately describe the decision-makers' subjective response to the event probability.
Sheng Wu   +4 more
doaj   +1 more source

Probabilistic inference: Task dependency and individual differences of probability weighting revealed by hierarchical Bayesian modelling

open access: yesFrontiers in Psychology, 2016
Cognitive determinants of probabilistic inference were examined using hierarchical Bayesian modelling techniques. A classic urn-ball paradigm served as experimental strategy, involving a factorial two (prior probabilities) by two (likelihoods) design ...
Moritz eBoos   +3 more
doaj   +1 more source

Fitness-maximizers employ pessimistic probability weighting for decisions under risk

open access: yesEvolutionary Human Sciences, 2020
The standard theory of rationality posits that agents order preferences according to average utilities associated with different choices. Expected utility theory has repeatedly failed as a predictive theory, as reflected in a growing literature in ...
Michael Holton Price   +1 more
doaj   +1 more source

Kernel Weighting for blending probability and non-probability survey samples

open access: yesSORT, 2023
In this paper we review some methods proposed in the literature for combining a nonprobability and a probability sample with the purpose of obtaining an estimator with a smaller bias and standard error than the estimators that can be obtained using only the probability sample. We propose a new methodology based on the kernel weighting method.
Rueda, María del Mar   +4 more
openaire   +7 more sources

A Testing Method of Probability Weighting Functions From an Axiomatic Perspective

open access: yesFrontiers in Applied Mathematics and Statistics, 2018
This study presents a testing approach to examine various models of probability weighting functions that are considered nonlinear functions of probability in behavioral decision theory, such as prospect theory.
Kazuhisa Takemura   +2 more
doaj   +1 more source

Probability biases as Bayesian inference [PDF]

open access: yesJudgment and Decision Making, 2006
In this article, I will show how several observed biases in human probabilistic reasoning can be partially explained as good heuristics for making inferences in an environment where probabilities have uncertainties associated to them.
André C. R. Martins
doaj   +2 more sources

A shocking experiment: New evidence on probability weighting and common ratio violations

open access: yesJudgment and Decision Making, 2007
We study whether probability weighting is observed when individuals are presented with a series of choices between lotteries consisting of real non-monetary adverse outcomes, electric shocks.
Gregory S. Berns   +3 more
doaj   +1 more source

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 another.
Herold, Florian, Netzer, Nick
openaire   +3 more sources

Effect of methylprednisolone treatment on COVID-19: An inverse probability of treatment weighting analysis

open access: yesPLoS ONE, 2022
Objectives While corticosteroids have been hypothesized to exert protective benefits in patients infected with SARS-CoV-2, data remain mixed. This study sought to investigate the outcomes of methylprednisone administration in an Italian cohort of ...
Lorenzo Porta   +6 more
doaj   +2 more sources

Combining Multiple Imputation and Inverse-Probability Weighting for Analyzing Response with Missing in the Presence of Covariates

open access: yesJournal of Biostatistics and Epidemiology, 2020
Introduction: Missing values are frequently seen in data sets of research studiesespecially in medical studies.Therefore, it is essential that the data, especially in medical research should evaluate in terms of the structure of missingness.This study ...
Freshteh Osmani, Ebrahim Hajizadeh
doaj   +1 more source

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