Results 11 to 20 of about 111,672 (179)

Why choose wisely if you have already paid? Sunk costs elicit stochastic dominance violations [PDF]

open access: yesJudgment and Decision Making, 2018
Sunk costs have been known to elicit violations of expected utility theory, in particular, the independence or cancellation axiom. Separately, violations of the stochastic dominance principle have been demonstrated in various settings despite the fact ...
Ryan K. Jessup   +2 more
doaj   +3 more sources

A Stochastic Dominance-Based Approach for Hotel Selection under Probabilistic Linguistic Environment

open access: yesMathematics, 2020
Online reviews of hotels reflect tourist perception and evaluation, which are becoming an important perspective of studying hotel selection. In this paper, we prefer to use a probabilistic linguistic term set (PLTS) to fully reveal evaluation grades and ...
Su-min Yu   +4 more
doaj   +1 more source

Discrete Analogue of Fishburn’s Fractional-Order Stochastic Dominance

open access: yesAxioms, 2023
A stochastic dominance (SD) relation can be defined by two different perspectives: One from the view of distributions, and the other one from the view of expected utilities.
Hoover H. F. Yin   +4 more
doaj   +1 more source

Trading Cryptocurrencies Using Second Order Stochastic Dominance

open access: yesMathematics, 2021
This research is the first attempt to customize a trading system that is based on second order stochastic dominance (SSD) to five known cryptocurrencies’ daily data: Bitcoin, Ethereum, XRP, Binance Coin, and Cardano.
Gil Cohen
doaj   +1 more source

Fundamentals Rating Based on the Additive Ratio Assessment (ARAS) and Stochastic Utility of Investors: Evidences from Tehran Stock Exchange [PDF]

open access: yesچشم‌انداز مدیریت صنعتی, 2019
Given the variety of factors influencing on financial decision making and subjective nature of the most decisions is only part of their features associated with Multi-Criteria Decision Making.
Fatemeh Bayazidi   +2 more
doaj   +1 more source

Portfolio Optimization by Stochastic Dominance Method in the Tehran Stock Exchange [PDF]

open access: yesMuṭāli̒āt-i Mudīriyyat-i Ṣan̒atī, 2019
The formation of the optimum portfolio based on risk and return is one of the most important decisions of investors in financial markets, for which there are various methods.
Moslem Peymany Foroushany   +3 more
doaj   +1 more source

A New Stochastic Dominance Degree Based on Almost Stochastic Dominance and Its Application in Decision Making

open access: yesEntropy, 2017
Traditional stochastic dominance rules are so strict and qualitative conditions that generally a stochastic dominance relation between two alternatives does not exist.
Yunna Wu   +4 more
doaj   +1 more source

Stochastic Dominance under Independent Noise [PDF]

open access: yesJournal of Political Economy, 2020
24 pages. Minor changes.
Pomatto, Luciano   +2 more
openaire   +3 more sources

Violations of dominance in decision-making

open access: yesBusiness Research, 2019
A key premise underlying most of the economic literature is that rational decision-makers will choose dominant strategies over dominated alternatives. However, prior literature in various disciplines including business, psychology, and economics document
Thomas Kourouxous, Thomas Bauer
doaj   +1 more source

Service Process Problem-Solving Based on Flow Trimming

open access: yesApplied Sciences, 2023
Since entering the era of the experience economy, consumers’ attention gradually turns toward gaining a pleasant service process experience. This study addresses the service process problem, aiming to discover the root cause of the service process ...
Bai Zhonghang, Lin Siyue, Zhang Xu
doaj   +1 more source

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