Results 31 to 40 of about 211,780 (162)
Revealed preference and revealed preference cycles: A survey
Afriat's Theorem (1967) states that a dataset can be thought of as being generated by a consumer maximizing a continuous and increasing utility function if and only if it is free of revealed preference cycles containing a strict relation. The latter property is often known by its acronym, GARP (for generalized axiom of revealed preference).
Dziewulski, Paweł +2 more
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We propose a novel concept of rationalization, called coarse rationalization , tailored for the analysis of datasets where an agent's choices are imperfectly observed. We characterize those datasets, which are rationalizable in this sense and present an efficient algorithm to verify the ...
HU, Gaoji +3 more
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This study explores the effectiveness of various methods for measuring risk tolerance, with the aim to better understand the risk-taking attitudes and behaviors of financial decision-makers.
Eun Jin Kwak, John E. Grable
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Combinatorial choice and limited attention
Combinatorial choice models are based on the implicit assumption that decision-makers consider all possible combinations that can be made by the options in a given set.
Hadi Pahlevan Yazdanabad +2 more
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Revealed preferences under uncertainty: Incomplete preferences and preferences for randomization
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Elena Cettolin, Arno Riedl
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Intransitive Indifference and Revealed Preference [PDF]
In recent years, there have appeared several important papers discussing numerical representations of preference, without the assumption of transitive indifference. The following weak forms of transitivity have been introduced: \(\succcurlyeq\) is semitransitive if and only if \(x\succcurlyeq y\succ z\succ w\) or \(x\succ y\succ z\succcurlyeq w ...
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The tendency to be overly confident in one's future and skills has long been studied. More recently, a correlate of this overconfidence, the tendency to overclaim knowledge, has been in the focus of research.
Lucas Keller +3 more
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Inducing preference reversals by manipulating revealed preferences [PDF]
It is currently difficult to test the validity of existing explanations for the emergence of context-dependent preference reversals. This is because these explanations are generally placed at the level of the process of evidence accumulation, and across experimental paradigms, this process is unobservable.
Harish Balakrishnan +2 more
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Summary: Background: Discrete choice experiments (DCEs) are increasingly used to inform the design of health products and services. It is essential to understand the extent to which DCEs provide reliable predictions outside of experimental settings in ...
Ying Zhang +6 more
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The unique biophysical properties of human cortical neurons that may underlie interlaminar communication are explored. With a focus on I h and layers 2&3, 3c, and 5, the authors show that L5 pyramidal neurons are better adapted than their superficial ...
Homeira Moradi Chameh +7 more
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