Results 31 to 40 of about 434,779 (289)
Prospect theory: A parametric analysis of functional forms in Brazil
RAE: Revista de Administração de Empresas, 2017 This study aims to analyze risk preferences in Brazil based on prospect theory by estimating the risk aversion parameter of the expected utility theory (EUT) for a select sample, in addition to the value and probability function parameter, assuming ...
Robert Eugene Lobel +3 more
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Jixie qiangdu, 2023 Time-dependent failure probability function(TDFPF) of parameters is one of the key problems of structural time-dependent reliability-based optimization.
QIAN YuGeng, YUAN XiuKai, CHEN JingQiang
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Risk Attitude in the DuLong Minority Ethnicity of China
Frontiers in Psychology, 2021 Prospect theory predicts a four-fold risk attitude, which means that people are risk seeking for low-probability gain and high-probability loss and risk averse for low-probability loss and high-probability gain because they overweight probability when it
Lili Tan, Siyuan Li, Xiaomin Zhang
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Music-evoked incidental happiness modulates probability weighting during risky lottery choices
Frontiers in Psychology, 2014 We often make decisions with uncertain consequences. The outcomes of the choices we make are usually not perfectly predictable but probabilistic and the probabilities can be known or unknown.
Stefan eSchulreich +6 more
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Transformations to symmetry based on the probability weighted characteristic function [PDF]
Kybernetika, 2015 We suggest a nonparametric version of the probability weighted empirical characteristic function (PWECF) introduced by Meintanis \et al.\ \\cite\meiswaall2014\ and use this PWECF in order to estimate the parameters of arbitrary transformations to symmetry. The almost sure consistency of the resulting estimators is shown. Finite-sample results for i.i.d.
Meintanis, Simos, Stupfler, Gilles
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The Slicing Method: Determining Insensitivity Regions of Probability Weighting Functions
Computational Economics, 2021 A popular rule of thumb, usually called "heuristic technique" in Behavioral Economics, for determining the likelihood insensitivity regions of probability weighting functions (pwf's) is based on searching for points at which the pwf's are twice their values at half the points.
Egozcue, Martin +2 more
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Frontiers 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
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Dementia and Geriatric Cognitive Disorders Extra, 2019 Aims: Polypharmacy is well known to affect cognitive function in community-dwelling older adults. However, the effect of polypharmacy on cognitive function in patients with newly diagnosed Parkinson’s disease remains unknown.
Nobuyuki Ishii +5 more
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Efficient Elicitation of Utility and Probability Weighting Functions [PDF]
SSRN Electronic Journal, 2004 Elicitation methods in decision making under risk allow a researcher to infer thensubjective utilities of outcomes as well as the subjective weights of probabilities from observed preferences of an individual. An optimally efficient elicitation method is proposed, which takes into account the inevitable distortion of preferences by random errors and ...
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The variable precision method for elicitation of probability weighting functions
Decision Support Systems, 2020 Abstract This study introduces a nonparametric method to elicit decision weights under prospect theory. These weights carry the attitudes and subjective beliefs of individuals toward risks and uncertainties. Our variable precision method adopts a dynamic mechanism that can elicit the measuring points of individual probability weighting flexibly ...
Junyi Chai 0001, Eric W. T. Ngai
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