Elicitation Of Preferences


Elicitation Of Preferences
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Elicitation Of Preferences


Elicitation Of Preferences
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Author : Baruch Fischhoff
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14

Elicitation Of Preferences written by Baruch Fischhoff and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.


Economists and psychologists have, on the whole, exhibited sharply different perspectives on the elicitation of preferences. Economists, who have made preference the central primitive in their thinking about human behavior, have for the most part rejected elicitation and have instead sought to infer preferences from observations of choice behavior. Psychologists, who have tended to think of preference as a context-determined subjective construct, have embraced elicitation as their dominant approach to measurement. This volume, based on a symposium organized by Daniel McFadden at the University of California at Berkeley, provides a provocative and constructive engagement between economists and psychologists on the elicitation of preferences.



Foundations Of Stated Preference Elicitation


Foundations Of Stated Preference Elicitation
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Author : Moshe E. Ben-Akiva
language : en
Publisher:
Release Date : 2019

Foundations Of Stated Preference Elicitation written by Moshe E. Ben-Akiva and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.




The Construction Of Preference


The Construction Of Preference
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Author : Sarah Lichtenstein
language : en
Publisher: Cambridge University Press
Release Date : 2006-08-28

The Construction Of Preference written by Sarah Lichtenstein and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-28 with Psychology categories.


One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors.



Elicitation


Elicitation
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Author : Luis C. Dias
language : en
Publisher: Springer
Release Date : 2017-11-16

Elicitation written by Luis C. Dias and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-16 with Business & Economics categories.


This book is about elicitation: the facilitation of the quantitative expression of subjective judgement about matters of fact, interacting with subject experts, or about matters of value, interacting with decision makers or stakeholders. It offers an integrated presentation of procedures and processes that allow analysts and experts to think clearly about numbers, particularly the inputs for decision support systems and models. This presentation encompasses research originating in the communities of structured probability elicitation/calibration and multi-criteria decision analysis, often unaware of each other’s developments. Chapters 2 through 9 focus on processes to elicit uncertainty from experts, including the Classical Method for aggregating judgements from multiple experts concerning probability distributions; the issue of validation in the Classical Method; the Sheffield elicitation framework; the IDEA protocol; approaches following the Bayesian perspective; the main elements of structured expert processes for dependence elicitation; and how mathematical methods can incorporate correlations between experts. Chapters 10 through 14 focus on processes to elicit preferences from stakeholders or decision makers, including two chapters on problems under uncertainty (utility functions), and three chapters that address elicitation of preferences independently of, or in absence of, any uncertainty elicitation (value functions and ELECTRE). Two chapters then focus on cross-cutting issues for elicitation of uncertainties and elicitation of preferences: biases and selection of experts. Finally, the last group of chapters illustrates how some of the presented approaches are applied in practice, including a food security case in the UK; expert elicitation in health care decision making; an expert judgement based method to elicit nuclear threat risks in US ports; risk assessment in a pulp and paper manufacturer in the Nordic countries; and elicitation of preferences for crop planning in a Greek region.



Foundations Of Stated Preference Elicitation


Foundations Of Stated Preference Elicitation
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Author : Moshe Ben-Akiva
language : en
Publisher: Foundations and Trends (R) in Econometrics
Release Date : 2019-01-28

Foundations Of Stated Preference Elicitation written by Moshe Ben-Akiva and has been published by Foundations and Trends (R) in Econometrics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-28 with categories.


Provides stated preference data collection methods, discrete choice models, and statistical analysis tools that can be used to forecast demand and assess welfare impacts for new or modified products or services in real markets, and summarize the conditions under which the reliability of these methods has been demonstrated or can be tested.



A Short Introduction To Preferences


A Short Introduction To Preferences
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Author : Francesca Bellet
language : en
Publisher: Springer Nature
Release Date : 2022-06-01

A Short Introduction To Preferences written by Francesca Bellet and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-01 with Computers categories.


Computational social choice is an expanding field that merges classical topics like economics and voting theory with more modern topics like artificial intelligence, multiagent systems, and computational complexity. This book provides a concise introduction to the main research lines in this field, covering aspects such as preference modelling, uncertainty reasoning, social choice, stable matching, and computational aspects of preference aggregation and manipulation. The book is centered around the notion of preference reasoning, both in the single-agent and the multi-agent setting. It presents the main approaches to modeling and reasoning with preferences, with particular attention to two popular and powerful formalisms, soft constraints and CP-nets. The authors consider preference elicitation and various forms of uncertainty in soft constraints. They review the most relevant results in voting, with special attention to computational social choice. Finally, the book considers preferences in matching problems. The book is intended for students and researchers who may be interested in an introduction to preference reasoning and multi-agent preference aggregation, and who want to know the basic notions and results in computational social choice. Table of Contents: Introduction / Preference Modeling and Reasoning / Uncertainty in Preference Reasoning / Aggregating Preferences / Stable Marriage Problems



Algorithmic Decision Theory


Algorithmic Decision Theory
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Author : Jörg Rothe
language : en
Publisher: Springer
Release Date : 2017-10-13

Algorithmic Decision Theory written by Jörg Rothe and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-13 with Computers categories.


This book constitutes the conference proceedings of the 5th International Conference on Algorithmic Decision Theory , ADT 2017, held in Luxembourg, in October 2017.The 22 full papers presented together with 6 short papers, 4 keynote abstracts, and 6 Doctoral Consortium papers, were carefully selected from 45 submissions. The papers are organized in topical sections on preferences and multi-criteria decision aiding; decision making and voting; game theory and decision theory; and allocation and matching.



Recent Advances In Mathematical And Statistical Methods


Recent Advances In Mathematical And Statistical Methods
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Author : D. Marc Kilgour
language : en
Publisher: Springer
Release Date : 2018-11-04

Recent Advances In Mathematical And Statistical Methods written by D. Marc Kilgour and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-04 with Computers categories.


This book focuses on the recent development of methodologies and computation methods in mathematical and statistical modelling, computational science and applied mathematics. It emphasizes the development of theories and applications, and promotes interdisciplinary endeavour among mathematicians, statisticians, scientists, engineers and researchers from other disciplines. The book provides ideas, methods and tools in mathematical and statistical modelling that have been developed for a wide range of research fields, including medical, health sciences, biology, environmental science, engineering, physics and chemistry, finance, economics and social sciences. It presents original results addressing real-world problems. The contributions are products of a highly successful meeting held in August 2017 on the main campus of Wilfrid Laurier University, in Waterloo, Canada, the International Conference on Applied Mathematics, Modeling and Computational Science (AMMCS-2017). They make this book a valuable resource for readers interested not only in a broader overview of the methods, ideas and tools in mathematical and statistical approaches, but also in how they can attain valuable insights into problems arising in other disciplines.



Order Effects In Eliciting Preferences


Order Effects In Eliciting Preferences
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Author : Orestis Kopsacheilis
language : en
Publisher:
Release Date : 2023

Order Effects In Eliciting Preferences written by Orestis Kopsacheilis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.


Having an accurate account of preferences help governments design better policies for their citizens, organizations develop more efficient incentive schemes for their employees and adjust their product to better suit their clients' needs. The plethora of elicitation methods most commonly used can be broadly distinguished between methods that rely on people self-assessing and directly stating their preferences (qualitative) and methods that are indirectly inferring such preferences through choices in some task (quantitative). Alarmingly, the two approaches produce systematically different conclusions about preferences and, therefore, survey designers often include both quantitative and qualitative items. An important methodological question that is hitherto unaddressed is whether the order in which quantitative and qualitative items are encountered affects elicited preferences. We conduct three, pre-registered, studies with a total of 3,000 participants, where we elicit preferences about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We find significant and systematic order effects. Eliciting preferences through qualitative items first boosts inferred patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences. We explore how monetary incentivization and introducing financial context modulates these results and discuss the implications of our findings in the context of nudging interventions as well as our understanding of the nature of preferences.



Algorithmic Decision Theory


Algorithmic Decision Theory
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Author : Dimitris Fotakis
language : en
Publisher: Springer Nature
Release Date : 2021-10-27

Algorithmic Decision Theory written by Dimitris Fotakis and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-27 with Computers categories.


This book constitutes the conference proceedings of the 7th International Conference on Algorithmic Decision Theory, ADT 2021, held in Toulouse, France, in November 2021. The 27 full papers presented were carefully selected from 58 submissions. The papers focus on algorithmic decision theory broadly defined, seeking to bring together researchers and practitioners coming from diverse areas of computer science, economics and operations research in order to improve the theory and practice of modern decision support.