Results 11 to 20 of about 34,251 (250)

Priorities and Prospect Theory [PDF]

open access: yesThe European Journal of Health Economics, 2002
Whose preferences are to be used for cost-effectiveness analysis? It has been recommended that community preferences for health states are the most appropriate ones for use in a reference case analysis. However, critics maintain that persons are not able properly to judge a health state if they have not experienced the condition themselves.
M, Happich, B, Mazurek
openaire   +2 more sources

Application of Prospect Theory in the Context of Predictive Maintenance Optimization Based on Risk Assessment

open access: yesApplied 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
doaj   +1 more source

Prospect Theory Around the World [PDF]

open access: yesSSRN Electronic Journal, 2011
We present results from the first large-scale international survey on risk preferences, conducted in 45 countries. We show substantial cross-country differences in risk aversion, loss aversion and probability weighting. Moreover, risk attitudes in our sample depend not only on economic conditions, but also on cultural factors, as measured by the ...
Rieger, Marc Oliver   +2 more
openaire   +3 more sources

Quantitative study for applying prospect-refuge theory on perceived safety in Al-Azhar Park, Egypt

open access: yesAin Shams Engineering Journal, 2021
Global research in landscape architecture demonstrates the perceived safety in parks. This article used Al-Azhar Park, Cairo, Egypt, as a case study to determine the type of prospect that most promotes users' perception of safety.
Yasmin El-Metwally   +2 more
doaj   +1 more source

Bosonic Fradkin-Tseytlin equations unfolded. Irreducible case

open access: yesPhysics Letters B, 2019
We factorize 4d Fradkin-Linetsky higher spin conformal algebra by maximal ideal I1−α and construct irreducible infinite-dimensional modules Mα of 4d conformal algebra that are parameterized by real number α.
O.V. Shaynkman
doaj   +1 more source

The Probabilistic Dual Hesitant Fuzzy Multi-Attribute Decision-Making Method Based on Cumulative Prospect Theory and Its Application

open access: yesAxioms, 2023
Addressing the complex issue of multi-attribute decision-making within a probabilistic dual hesitant fuzzy context, where attribute weights are unknown, a novel decision-making method based on cumulative prospect theory is proposed, named the ...
Wenyu Zhang, Yuting Zhu
doaj   +1 more source

Does prospect theory warrant a paradigm shift in the economics of risk?

open access: yesSouth African Journal of Economic and Management Sciences, 2014
This paper assesses whether a paradigm shift should be made from expected utility framework to prospect theory framework – in the economics of choice under risk.
PL Mohapi
doaj   +1 more source

Disclaimer dynamics in mutual fund: prospect theory and investment experience perspective [PDF]

open access: yesVilakshan (XIMB Journal of Management)
PurposeProspect theory suggests that investors’ investment choices are influenced by expected outcomes as well as subjective sensitivities of losses and gains.
Leena B. Dam, Medha Kulkarni
doaj   +1 more source

Prospect theory for online financial trading. [PDF]

open access: yesPLoS ONE, 2014
Prospect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people are typically risk-averse with respect to gains and risk-seeking with respect to losses ...
Yang-Yu Liu   +4 more
doaj   +1 more source

The Use of Prospect Theory for Energy Sustainable Industry 4.0

open access: yesEnergies, 2021
Industry 4.0 challenges facilities entrepreneurs to be competitive in the market in terms of energy by rational decision making. The goal of the paper is aimed at introducing Prospect Theory (PT) in Industry 4.0 for making decisions in order to select an
Aldona Kluczek   +2 more
doaj   +1 more source

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