Results 71 to 80 of about 392,965 (205)
Informativeness of Experiments for MEU - A Recursive Definition [PDF]
, 2014 The well-known Blackwell's theorem states the equivalence of statistical informativeness and economic valuableness. Celen (2012) generalizes this theorem, which is well-known for subjective expected utility (SEU), to maxmin expected utility (MEU ...
Heyen, Daniel, Wiesenfarth, Boris R.
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Probabilistically Sophisticated Multiple Priors. [PDF]
We characterize the intersection of the probabilistically sophisticated and multiple prior models. We show this class is strictly larger than the subjective expected utility model and that its elements can be generated from a generalized class of the ...
Atsushi Kajii, Simon Grant
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Living without state-independence of utilities [PDF]
This paper is concerned with the representation of preferences which do not satisfy the ordinary axioms for state-independent utilities.Elicitation; Subjective Probability; Subjective Expected Utility; Statedependent utility; Small ...
Hill, Brian
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Scientific ReportsThere is growing interest in using neuroimaging to understanding listening effort in individuals with hearing loss, with a particular focus on how innovative hearing aid features impact listening effort.
Jonathan M. Vaisberg +4 more
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Risk-Free Bond Prices in Incomplete Markets with Recursive Utility Functions and Multiple Beliefs [PDF]
We consider an exchange economy under uncertainty, in which agents' utility functions exhibit constant absolute risk aversion, but they may be recursive and the expected utility calculation may be based on multiple subjective beliefs.
Atsushi Kajii, Chaiki Hara
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A cyber–physical system prospect theoretic game through a VANET lens
IET Wireless Sensor SystemsIn this paper, the problem of attack mitigation in an intelligent transportation network or vehicular network is considered as a game. The player’s perception of uncertainty and decision making is studied under a subjective prospect theoretic (PT) model ...
Ahmed A. Alabdel Abass
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There is a large theoretical literature in both economics and psychology on decision making under ambiguity (as distinct from risk) and many preference functionals proposed in this literature for describing behaviour in such contexts.
Anna Maffioletti +2 more
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Dynamic Random Subjective Expected Utility
, 2018 online appendix available on https://sites.google.com/site/jetlirduraj1/
openaire +2 more sources
Decision under Uncertainty : the Classical Models [PDF]
This chapiter of a collective book is dedicated to classical decision models under uncertainty, i.e. under situations where events do not have "objective" probabilities with which the Decision Marker agrees. We present successively the two main theories,
Alain Chateauneuf +2 more
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PREMISES OF BEHAVIORAL FINANCE IN RATIONAL DECISION-MAKING [PDF]
Annals of the University of Oradea: Economic Science, 2016 One cannot separate decision from psychology of human being. People see world by perception and this leads to various ways of understanding even the most concrete or certain things.
Laurentiu Droj +2 more
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