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Prospect theory for online financial trading. [PDF]
PLoS 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
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The Use of Prospect Theory for Energy Sustainable Industry 4.0
Energies, 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
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Darkness without dark matter and energy – generalized unimodular gravity
Physics Letters B, 2017 We suggest a Lorentz non-invariant generalization of the unimodular gravity theory, which is classically equivalent to general relativity with a locally inert (devoid of local degrees of freedom) perfect fluid having an equation of state with a constant ...
A.O. Barvinsky, A.Yu. Kamenshchik
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Stability : International Journal of Security and Development, 2013 Despite many recognized shortcomings, Rational Choice Theory remains the dominant perspective on decision-making in the literature on African conflict, whether overtly acknowledged or not. Prospect Theory, originally derived from the field of behavioural
Wendy Trott
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Cumulative Prospect Theory Version with Fuzzy Values of Outcome Estimates
Risks, 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
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Prospect theory, reference points, and health decisions [PDF]
Judgment and Decision Making, 2008 In preventative health decisions, such as the decision to undergo an invasive screening test or treatment, people may be deterred from selecting the test because its perceived disutility relative to not testing is greater than the utility associated with
Alan Schwartz +2 more
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A cumulative prospect theory approach to car owner mode choice behaviour prediction
Transport, 2014 The uncertain transportation environment makes travel’s mode choice decision-making behaviour become a complex and alterable process. Based on the cumulative prospect theory, this paper analysed the long-standing use of utility theory for the travel’s ...
Shi An, Xiaowei Hu, Jian Wang
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Pseudodifferential calculus in Schwinger–DeWitt formalism: UV and IR parts
Physics Letters BWe consider expansions for the kernels of operator functions of second-order minimal operators on a curved background. We show that the terms of these expansions originate in the ultraviolet or infrared regions.
A.O. Barvinsky +2 more
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Making regulation fit by taking irrationality into account: the case of the whistleblower
Business Research, 2019 Prospect theory describes people as bounded rational decision maker. What sparked widespread discussion after its initial introduction in 1979 is today criticized for lack of applicability. I use the debate about whistleblowing laws to show that prospect
Sebastian Oelrich
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Priorities and Prospect Theory [PDF]
The 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
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