Results 11 to 20 of about 893,168 (289)

Subjective probabilities under behavioral heuristics

open access: yesInternational Review of Economics & Finance
We develop an approach to forming the subjective probabilities of future stock returns in the presence of multiple behavioral heuristics. This approach relaxes the assumption that behavioral heuristics are independent and makes it possible to investigate
Oriana Rahman, Andrei Semenov
doaj   +6 more sources

Factors incorporated into future survival estimation among Europeans

open access: yesDemographic Research, 2020
Background: Subjective survival probabilities are affected by individual-specific judgment and vary by factors known to differentiate actual mortality. Objective: The aim of this study is to evaluate whether sociodemographic characteristics, physical ...
Apostolos Papachristos   +3 more
doaj   +1 more source

Effect of knowledge differentiation and state space partitioning on subjective probability estimation

open access: yesScience Progress, 2021
A common technique for eliciting subjective probabilities is to provide a set of exclusive and exhaustive events and ask the assessor to estimate the probabilities of such events.
Mohammed A AlKhars
doaj   +1 more source

Unrealistic optimism and decision making [PDF]

open access: yesPsihologija, 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

SUBJECTIVE PROBABILITY AND DELAY [PDF]

open access: yesJournal of the Experimental Analysis of Behavior, 1991
Human subjects indicated their preference between a hypothetical $1,000 reward available with various probabilities or delays and a certain reward of variable amount available immediately. The function relating the amount of the certain‐immediate reward subjectively equivalent to the delayed $1,000 reward had the same general shape (hyperbolic) as the ...
H, Rachlin, A, Raineri, D, Cross
openaire   +2 more sources

Decisions in moral dilemmas: The influence of subjective beliefs in outcome probabilities [PDF]

open access: yesJudgment and Decision Making, 2017
Previous studies have found that the proportions of people who endorsed utilitarian decisions varied across different variants of the trolley dilemma.
Yiyun Shou, Fei Song
doaj   +3 more sources

Subjective Probabilities on Subjectively Unambiguous Events [PDF]

open access: yesEconometrica, 2001
Summary: This paper suggests a behavioral definition of (subjective) ambiguity in an abstract setting where objects of choice are Savage-style acts. Then axioms are described that deliver probabilistic sophistication of preference on the set of unambiguous acts.
Larry G. Epstein, Jiankang Zhang
openaire   +3 more sources

Measuring Belief and Risk Attitude [PDF]

open access: yesElectronic Proceedings in Theoretical Computer Science, 2019
Ramsey (1926) sketches a proposal for measuring the subjective probabilities of an agent by their observable preferences, assuming that the agent is an expected utility maximizer.
Sven Neth
doaj   +1 more source

Self-assessed life expectancy among older adults in Côte d’Ivoire

open access: yesBMC Public Health, 2020
Background The purpose of this study was to estimate individuals’ expected longevity based on self-assessed survival probabilities and determine the predictors of such subjective life expectancy in a sample of elderly people (50 years and older) in Côte ...
Richard K. Moussa, Vakaramoko Diaby
doaj   +1 more source

RISK MANAGEMENT OF GERMAN FRUIT PRODUCERS [PDF]

open access: yesReview of Agricultural and Applied Economics, 2018
Horticultural farms in Germany face substantial business risks. However, fruit farms often struggle to implement appropriate risk management processes, and the risk management literature widely has ignored this farm type.
Annkatrin PORSCH   +2 more
doaj   +1 more source

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