Experiments On Decision Making Under Risk
DOWNLOAD
Download Experiments On Decision Making Under Risk PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Experiments On Decision Making Under Risk book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Experiments On Decisions Under Risk The Expected Utility Hypothesis
DOWNLOAD
Author : P.J.H. Schoemaker
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-11
Experiments On Decisions Under Risk The Expected Utility Hypothesis written by P.J.H. Schoemaker 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 2013-11-11 with Business & Economics categories.
In this valuable book, Paul Schoemaker summarizes recent experimental and field research that he and others have undertaken regarding the descrip tive validity of expected utility theory as a model of choice under uncer tainty. His principal message is that this paradigm is too narrow in its con ception and misses some of the important elements of a descriptive model of individual choice. In particular, Schoemaker calls attention to the impor tance of individual differences, task effects, and context effects as they influence behavior. The expected utility hypothesis has come under scrutiny in recent years from a number of different quarters. This book brings together these many studies and relates them to the large body of literature on individual de cision making under risk. Although this paradigm may be appropriate for describing behavior under many conditions of uncertainty, Schoemaker presents convincing evidence that it does not do well with respect to protec tion against low-probability events. For example, he shows that the insur ance purchase decision is influenced by the way information is presented to the client, as well as by the statistical knowledge of the respondents.
Experiments In Decision Making Under Risk
DOWNLOAD
Author : Michał Wiktor Krawczyk
language : en
Publisher: Rozenberg Publishers
Release Date : 2009
Experiments In Decision Making Under Risk written by Michał Wiktor Krawczyk and has been published by Rozenberg Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Advances In Decision Making Under Risk And Uncertainty
DOWNLOAD
Author : Mohammed Abdellaoui
language : en
Publisher: Springer
Release Date : 2010-11-25
Advances In Decision Making Under Risk And Uncertainty written by Mohammed Abdellaoui and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-25 with Business & Economics categories.
Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome will result from our decisions. Unfortunately, the standard theory of choice under uncertainty developed in the early forties and fifties turns out to be too rigid to take many tricky issues of choice under uncertainty into account. The good news is that we have now moved away from the early descriptively inadequate modeling of behavior. This book brings the reader into contact with the accomplished progress in individual decision making through the most recent contributions to uncertainty modeling and behavioral decision making. It also introduces the reader into the many subtle issues to be resolved for rational choice under uncertainty.
Experiments In Economics
DOWNLOAD
Author : John Denis Hey
language : en
Publisher: Wiley-Blackwell
Release Date : 1991
Experiments In Economics written by John Denis Hey and has been published by Wiley-Blackwell this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
After a discussion of the methodological issues involved in experimental economics, the author provides accounts of particular experimental investigations covering individual and interactive behaviour and testing game and bargaining theory, decision-making under uncertainty, auctions and markets.
Advances In Decision Making Under Risk And Uncertainty
DOWNLOAD
Author : Mohammed Abdellaoui
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-09-17
Advances In Decision Making Under Risk And Uncertainty written by Mohammed Abdellaoui 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 2008-09-17 with Business & Economics categories.
Brings the reader into contact with the accomplished progress in individual decision making through the contributions to uncertainty modeling and behavioral decision making. This work also introduces the reader to the subtle issues to be resolved for rational choice under uncertainty.
The Cognitive Basis For Decision Making Under Risk And Uncertainty Research Programs Controversies
DOWNLOAD
Author : Samuel Shye
language : en
Publisher: Frontiers Media SA
Release Date : 2025-03-13
The Cognitive Basis For Decision Making Under Risk And Uncertainty Research Programs Controversies written by Samuel Shye and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-03-13 with Science categories.
This issue aims to portray, justify, advance, contrast, and illustrate research programs in the domain of cognitive decision-making under risk and uncertainty, where such research programs are intended to promote theories, models, or conceptual frameworks for: • Prediction of empirical observations, • Descriptions of empirical results, likely or rationalized to lead to predictions (e.g., models with free parameters whose values are part of a hypothesis to be tested; or cross validation of descriptive-model results); • Generalizations of many specific empirical results; • Normative models alternative to Expected Utility Theory (EUT) • Replications of published results concerning any of the above. Any of the above may concern any aspect (statistic) of empirical data, including: • Individual or group behavior itself (e.g., prediction of people's actual choices); • differences or difference in rankings of Individual or group behavior • distribution of responses for the general purpose of promoting scientific understanding of individual or collective human behavior in the domain of decision-making under risk or uncertainty. In particular, this issue may shed light on the controversy between Behavioral Economics and Cognitive Economics. The first relates to Kahneman and Tversky's program of Heuristics and Biases and the normative model of formal rationality, whereas the second is connected to Simon, Gigerenzer, and Viale's program of simple adaptive heuristics and the normative model of ecological bounded rationality. Both of which aim to improve economics on a cognitive basis.
Prospect Theory
DOWNLOAD
Author : Daniel Kahneman
language : en
Publisher:
Release Date : 1979
Prospect Theory written by Daniel Kahneman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Utility theory categories.
Experiments On Decision Making Under Risk
DOWNLOAD
Author : Wenting Zhou
language : en
Publisher:
Release Date : 2015
Experiments On Decision Making Under Risk written by Wenting Zhou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Decision Making Experiments Under A Philosophical Analysis Human Choice As A Challenge For Neuroscience
DOWNLOAD
Author : Gabriel José Corrêa Mograbi
language : en
Publisher: Frontiers Media SA
Release Date : 2015-10-15
Decision Making Experiments Under A Philosophical Analysis Human Choice As A Challenge For Neuroscience written by Gabriel José Corrêa Mograbi and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-15 with Decision making categories.
This introduction just aims to be a fast foreword to the special topic now turned into an e-book. The Editorial "Decision-Making Experiments under a Philosophical Analysis: Human Choice as a Challenge for Neuroscience" alongside with my opinion article "Neurophilosophical considerations on decision making: Pushing-up the frontiers without disregarding their foundations" play the real role of considering in more details the articles and the whole purpose of this e-book. What I must highlight in this foreword is that our intention with such a project was to deepen into the very foundations of our current paradigms in decision neuroscience and to philosophically moot its foundations and repercussions. Normal Science (a term coined by Philosopher Thomas Kuhn) works under a research consensus among a scientific community: A shared paradigm, consolidated methods, widespread convictions. Pragmatically, winning formulas must be kept, although, not at any cost. What differentiates a gifted and revolutionary scientist from a more bureaucratic colleague is the capacity and willingness of constantly reevaluating, depurating and refining his/her own paradigm. That is best strategy to avoid that a paradigm itself would gradually come under challenge. In my view, some achievements, in this sense, were brought about in our project. The e-book will be inspiring and informative for both neuroscientists that are concerned with the very foundations of their works and for philosophers that are not blind to empirical evidence. Kant once said: “Thoughts without content are empty, intuitions without concepts are blind”. Paraphrasing Kant we could say: Philosophy without science is empty, science without philosophy is blind.
Neurobiology Of Decision Making
DOWNLOAD
Author : Antonio R. Damasio
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Neurobiology Of Decision Making written by Antonio R. Damasio 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 2012-12-06 with Science categories.
Neuroscience has paid only little attention to decision-making for many years. Although no field of science has cohered around this topic, a variety of researchers in different areas of neuroscience ranging from cellular physiology to neuropsychology and computational neuroscience have been engaged in working on this issue. Thus, the time seemed to be ripe to bring these researchers together and discuss the state of the art of the neurobiology of decision-making in a broad forum. This book is a collection of contributions presented at that forum in Paris in October 1994 organized by the Fondation IPSEN.