Primate anterior insular cortex represents economic decision variables proposed by prospect theory [PDF]
Nature Communications, 2022 Prospect theory predicts irrational effects in human decision-making, but relies on ad-hoc assumptions. Here, authors provide a neural basis for this by showing that anterior insular cortex encodes key economic variables proposed by prospect theory.
You-Ping Yang, Xinjian Li, Veit Stuphorn
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Tests of Cumulative Prospect Theory with graphical displays of probability [PDF]
Judgment and Decision Making, 2008 Recent research reported evidence that contradicts cumulative prospect theory and the priority heuristic. The same body of research also violates two editing principles of original prospect theory: cancellation (the principle that people delete any ...
Michael H. Birnbaum +2 more
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Explaining Managerial Incentives for Earnings Manipulation Using Cumulative Prospect Theory (Case Study: Companies Listed in Tehran Stock Exchange) [PDF]
مطالعات تجربی حسابداری مالی, 2021 Prospect theory explains how individuals’ feelings and preferences influence their decision-making. The purpose of this research was to investigate earnings manipulation incentives within companies listed in Tehran Stock Exchange using fourfold pattern ...
Fahime Ebrahimi +2 more
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Separating response variability from structural inconsistency to test models of risky decision making [PDF]
Judgment and Decision Making, 2012 Individual true and error theory assumes that responses by the same person to the same choice problem within a block of trials are based on the same true preferences but may show preference reversals due to random error.
Michael H. Birnbaum, Jeffrey P. Bahra
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Narcissism, risk and uncertainties: analysis in the light of prospect and fuzzy-trace theories [PDF]
RAUSP Management Journal, 2021 Purpose – This study aims to analyze the relationship between the nonpathological traits of narcissism and decisions under conditions of uncertainty and risk in light of the prospect (PT) and fuzzy-trace theories (FTT). Design/methodology/approach – This
Márcia Figueredo D’Souza +1 more
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Safety state evaluation method of the highway tunnel structure
Heliyon, 2023 This study proposes an evaluation method for the structural safety of expressway tunnels utilizing possibility and prospect theories to address the influence of multiple indicators on the structural safety of expressway tunnels and the imprecision of ...
Hailin Liu
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The effect of prospect theory value on asset returns on the Borsa Istanbul
Borsa Istanbul Review, 2023 The goal of this study is to test the validity of the prospect theory in the Borsa Istanbul (BIST) over the sample period September 2009 to December 2019.
Ebubekir Mollaahmetoğlu, Erdinç Altay
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Digital Characteristics of Microstructure of Diamond—Silicon Carbide Composites
Ceramics, 2023 As an example of the implementation of digital materials science approaches based on statistical processing of electron micrographs with the analysis of fractal parameters, the digital characteristics of microstructure of diamond–silicon carbide ceramic ...
Andrey G. Chekuryaev +3 more
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An approach to Atanassov's interval-valued intuitionistic fuzzy multi-attribute decision making based on prospect theory [PDF]
International Journal of Computational Intelligence Systems, 2015 Prospect theory is a very effective method to express behavioral decision making under uncertainty. This paper attempts to develop a method to multi-attribute decision making with Atanassov's interval-valued intuitionistic fuzzy information using ...
Fanyong Meng +2 more
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Applied Sciences, 2022 The optimization of predictive maintenance relies mainly on the reduction of costs and risks, which can be of various types. The evaluation of risks cannot be realized independently of the psychology state and cognitive knowledge of the decision maker ...
Rim Louhichi +2 more
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