Measuring Normative Risk Preferences
نویسندگان
چکیده
منابع مشابه
Measuring patients' preferences for treatment and perceptions of risk.
A greater understanding of patients’ preferences for mode of treatment is central to current models of shared patient-doctor decision making. It is also of potential importance in enhancing patient adherence to treatment and, in turn, patients’ health outcomes. Health services, with their emphases on patient involvement and satisfaction, audit and clinical governance, increasingly aim to be res...
متن کاملOn Measuring Time Preferences
We examine the predictive validity of two recent innovations to the experimental measurement of time preferences: the Convex Time Budget (CTB) and the Double Multiple Price List (DMPL). Using comparable experimental methods, the CTB and DMPL are implemented, corresponding parameters are estimated, and out-of-sample prediction is conducted for survey measures of patience and incentivized willing...
متن کاملMeasuring ambiguity preferences
Ambiguity preferences are important to explain human decision-making in many areas in economics and finance. To measure individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet, laboratory experiments are costly and require a lot of time and administrative effort. This study develops an ambiguity preference survey module th...
متن کاملMeasuring polarization in preferences
In this paper, we study the measurement of polarization in collective decision making problems with ordinal preferences over alternatives. We argue that polarization can be measured as an aggregation of antagonisms over pairs of alternatives in the society. We propose a measure of this sort and show that it is the only measure satisfying some normatively appealing conditions. ∗Department of Eco...
متن کاملNormative Engineering Risk Management Systems
This paper describes a normative system design that incorporates diagnosis, dynamic evolution, decision making; and information gathering. A single influence diagram demonstrates the design's coherence, yet each activity is more effectively modeled and evaluated separately. Application to offshore oil platforms illustrates the design. For this application, the normative system is embedded in a ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2017
ISSN: 1556-5068
DOI: 10.2139/ssrn.2916700