Results 21 to 30 of about 1,447,771 (359)
Journal of Medical Internet Research, 2021 BackgroundCommunicating scientific uncertainty about public health threats such as COVID-19 is an ethically desirable task endorsed by expert guidelines on crisis communication. However, the communication of scientific uncertainty is challenging because
Han, Paul K J +7 more
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Expected utility for probabilistic prospects and the common ratio property [PDF]
Yugoslav Journal of Operations Research, 2023 We prove the existence of an expected utility function for preferences over probabilistic prospects satisfying Strict Monotonicity, Indifference, the Common Ratio Property, Substitution and Reducibility of Extreme Prospects.
Lahiri Somdeb
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Novelty and uncertainty differentially drive exploration across development
eLife, 2023 Across the lifespan, individuals frequently choose between exploiting known rewarding options or exploring unknown alternatives. A large body of work has suggested that children may explore more than adults.
Kate Nussenbaum +10 more
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Effect of uncertainty visualizations on myopic loss aversion and the equity premium puzzle in retirement investment decisions [PDF]
IEEE Transactions on Visualization and Computer Graphics, 2021 For many households, investing for retirement is one of the most significant decisions and is fraught with uncertainty. In a classic study in behavioral economics, Benartzi and Thaler (1999) found evidence using bar charts that investors exhibit myopic ...
Ryan Wesslen +3 more
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Uncertainty averse preferences [PDF]
Journal of Economic Theory, 2011 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Cerreia Vioglio, Simone +3 more
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Journal of Integrative Agriculture, 2023 Based on the microdata of 705 wheat farmers in the Loess Plateau, this study empirically analyzes the impact of uncertainty on farmers’ adoption of innovative seeds using a field experiment.
Hai-xia WU, Yan SONG, Le-shan YU, Yan GE
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Delaying information search [PDF]
Judgment and Decision Making, 2012 In three studies, we examined factors that may temporarily attenuate information search. People are generally curious and dislike uncertainty, which typically encourages them to look for relevant information.
Yaniv Shani +2 more
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Mathematics, 2022 Intertemporal choices are those decisions structured over several periods in which the effects only manifest themselves with the passage of time. The main mathematical reference for studying the behavior of individuals with respect to this type of ...
V. Ventre, Roberta Martino
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Amygdala–prefrontal connectivity modulates loss aversion bias in anxious individuals
NeuroImage, 2020 Anxious individuals tend to make pessimistic judgments in decision making under uncertainty. While this phenomenon is commonly attributed to risk aversion, loss aversion is a critical but often overlooked factor. In this study, we simultaneously examined
Pengfei Xu +9 more
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Supply Chain Contract Choice with Different Behavior Preferences of Retailer
Discrete Dynamics in Nature and Society, 2021 Retailer may exhibit irrationality when facing the risk of demand uncertainty; therefore, we consider four retailer behavioral preferences: risk neutral (RN), waste aversion (WA), stockout aversion (SA), and stockout-waste aversion (SW).
Yonglong Wang +3 more
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