Results 21 to 30 of about 392,965 (205)

Subjective Expected Utility with Imperfect Perception [PDF]

SSRN Electronic Journal, 2018
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Pivato, Marcus, Vergopoulos, Vassili
openaire   +3 more sources

Unrealistic optimism and decision making [PDF]

Psihologija, 2009
One of the leading descriptive theories of decision-making under risk, Tversky & Kahneman's Prospect theory, reveals that normative explanation of decisionmaking, based only on principle of maximizing outcomes expected utility, is unsustainable.
Božović Bojana, Gvozdenović Vasilije
doaj   +1 more source

Lieu de résidence réel et lieu de résidence idéal : une approche fondée sur la théorie de la décision

Cybergeo, 2007
This research examines the ability of decision theory to consider the individuals real place of residence. Its goal is two-fold: firstly, to propose a method to empirically test the Subjective Expected Utility Theory applied on the residential choice ...
Anne-Marie Meyer
doaj   +1 more source

Under pressure: response urgency modulates striatal and insula activity during decision-making under risk. [PDF]

PLoS ONE, 2011
When deciding whether to bet in situations that involve potential monetary loss or gain (mixed gambles), a subjective sense of pressure can influence the evaluation of the expected utility associated with each choice option.
Catherine L Jones, Ludovico Minati, Neil A Harrison, Jamie Ward, Hugo D Critchley   +4 more
doaj   +1 more source

Subjective Expected Utility in Games [PDF]

SSRN Electronic Journal, 2009
This paper extends Savage’s subjective approach to probability and utility from decision problems under exogenous uncertainty to choice in strategic environments. Interactive uncertainty is modeled both explicitly, using hierarchies of preference relations, the analogue of beliefs hierarchies, and implicitly, using preference structures, the analogue ...
openaire   +4 more sources

STOCHASTIC MULTI-ATTRIBUTE UTILITY MODEL

Acta Economica, 2019
In real situations, the attribute value (mostly variable) can be best represented by introducing the finite number of attribute values level, to which the corresponding probabilities should also be attached.
Katarina Račić, Željko Račić, Saša Damjanac, Dunja Milić   +3 more
doaj   +1 more source

Quantum-like model of subjective expected utility [PDF]

, 2018
We present a very general quantum-like model of lottery selection based on representation of beliefs of an agent by pure quantum states. Subjective probabilities are mathematically realized in the framework of quantum probability (QP).
Allais, Andrei Khrennikov, Asano, Asano, Bagarello, Basieva, Blavatskyy, Boyer-Kassem, Brandenburger, Broekaert, Busemeyer, Busemeyer, Busemeyer, Busemeyer, Costello, de Barros, de Barros, de Barros, Dirac, Ellsberg, Emmanuel M. Pothos, Ert, Fuchs, Gigerenzer, Gilboa, Gilboa, Gilboa, Gonzales, Haven, Haven, Haven, Haven, Hawkins, Hawkins, Irina Basieva, Kahneman, Kahneman, Kahneman, Kahneman, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikov, Khrennikova, Khrennikova, Klibanoff, Kolmogorov, Kreps, Machina, Machina, Machina, Machina, Machina, Machina, Masanari Asano, Narens, Narens, Nosofsky, Polina Khrennikova, Pothos, Pothos, Pothos, Prelec, Rieger, Samuelson, Savage, Schmeidler, Shafir, Shepard, Simon, Takahashi, Trueblood, Tversky, Tversky, von Neumann, Wang, White, Wills, Wolford, Wu   +89 more
core   +1 more source

Subjective expected utility without preferences [PDF]

Journal of Mathematical Psychology, 2011
This paper deals with the problem of representation of decision making by expected utilities. It discusses the relation between trade off consistency and the identification of attractive sets in terms of a linear combination of utilities.
Bouyssou, Denis, Marchant, Thierry
openaire   +6 more sources

Information integration in risky choice : identification and stability [PDF]

, 2011
How is information integrated across the attributes of an option when making risky choices? In most descriptive models of decision under risk, information about risk, and reward is combined multiplicatively (e.g., expected value; expected utility ...
Stewart, Neil
core   +1 more source

Uncertainty and Risk in Mainstream Economics: An Outline

Studia i Materiały, 2016
Undoubtedly, risk and uncertainty are not the fundamental economic categories, yet they play an important role in economic sciences and economic practice.
Tomasz Zalega
doaj   +1 more source