Probability weighting function in experiment using graphically represented probability information
نویسندگان
چکیده
منابع مشابه
Psychophysics of the probability weighting function
A probability weighting function w(p) for an objective probability p in decision under risk plays a pivotal role in Kahneman-Tversky’s prospect theory. Although recent studies in econophysics and neuroeconomics widely utilized probability weighting functions, psychophysical foundations of the probability weighting functions have been unknown. Notably, a behavioral economist Prelec (1998) axioma...
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ژورنال
عنوان ژورنال: Journal of Human Environmental Studies
سال: 2014
ISSN: 1348-5253,1883-7611
DOI: 10.4189/shes.12.51