Subjective recursive expected utility [PDF]
Economic Theory, 2004 An axiomatic definition of the subjective recursive expected utility (SREU) is described and provided. It is an extension of results given in [\textit{D. M. Kreps, E. L. Porteus}, Econometrica 46, 185--200 (1978; Zbl 0382.90006)]. All proofs are given in the appendix. It is an important generalization of the particular definition of the SREU.
Ozdenoren, Emre, Klibanoff, Peter
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Clarifying the role of an unavailable distractor in human multiattribute choice
eLife, 2022 Decisions between two economic goods can be swayed by a third unavailable ‘decoy’ alternative, which does not compete for choice, notoriously violating the principles of rational choice theory.
Yinan Cao, Konstantinos Tsetsos
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Input-dependent noise can explain magnitude-sensitivity in optimal value-based decision-making [PDF]
Judgment and Decision Making, 2021 Recent work has derived the optimal policy for two-alternative value-based decisions, in which decision-makers compare the subjective expected reward of two alternatives. Under specific task assumptions --- such as linear utility, linear cost of time and
Angelo Pirrone +2 more
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Evolutionary Random Access Game With Objective and Subjective Players
IEEE Access, 2021 We consider an evolutionary game on a graph under the condition that players perception of uncertainty and decision making can follow either an objective expected utility theory (EUT) model or a subjective prospect theory (PT) model.
Ahmed A. Alabdel Abass +2 more
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Evaluating the utility of two gestural discomfort evaluation methods. [PDF]
PLoS ONE, 2017 Evaluating physical discomfort of designed gestures is important for creating safe and usable gesture-based interaction systems; yet, gestural discomfort evaluation has not been extensively studied in HCI, and few evaluation methods seem currently ...
Minseok Son, Jaemoon Jung, Woojin Park
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Quantifying Risk Perception: The Entropy Decision Risk Model Utility (EDRM-U)
Systems, 2020 Risk perception can be quantified in measurable terms of risk aversion and sensitivity. While conducting research on the quantization of programmatic risk, a bridge between positive and normative decision theories was discovered through the application ...
Thomas Monroe +2 more
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Subjective expected utility through stochastic independence
Economic Theory, 2022 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Grabisch, Michel +2 more
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Subjective Expected Utility with State-Dependent but Action/Observation-Independent Preferences
Risks, 2018 Under state-dependent preferences, probabilities and units of scale of state-dependent utilities are not separately identified. In standard models, only their products matter to decisions.
Jacques H. Drèze
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Evaluating Probabilities of Technical And Commercial Success And Using Them In Screening New Product Ideas [PDF]
Engineering and Technology Journal, 2010 The screening of new product ideas is perhaps the most critical activity in innovation process and development of new products, the process is associated with uncertainty and complexity.Probabilities of technical & commercial success which represents ...
Abdulamir Bektash Wali
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Seeking the Best Practices of Assessment in Maritime Simulator Training [PDF]
TransNav, 2023 Simulator-based training has become an integral part of Maritime education, and its effectiveness hinges on the use of appropriate assessment protocols.
Hasan Mahbub Tusher +3 more
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