In this paper, I present a marriage decision mechanism and apply the concepts of prospect theory to explain the marriage entry and exit choices of individuals. I derive several results regarding relationship choices under uncertainty. The theoretical setup demonstrates why prospect theory predicts a higher number of active relationships than expected utility theory, even if the relationship is ...

Brian Faley1,2,* and Howard Chase3 1Clinical Assistant Professor, Ernest Mario School of Pharmacy of Rutgers University, 160 Frelinghuysen Rd, Piscataway, NJ 08854, USA 2Clinical Pharmacist, Emergency Medicine, Hackensack University Medical Center, 30 Prospect Ave., Hackensack, NJ 07601, USA 3Department of Emergency Trauma, Hackensack University Medical Center, 30 Prospect Ave., Hackensack, NJ ...

Over the past few decades, economists and psychologists have accumulated a large body of experimental evidence on attitudes to risk. This evidence reveals that, when people make decisions under risk, they often depart from the predictions of expected utility. In an effort to capture the experimental data more accurately, researchers have developed a number of so-called nonexpected utility model...

A criterion for a three-stage network to be strictly non-blocking is presented which is very general in its application. The criterion distinguishes between channel grouping and link speedup as methods of increasing the bandwidth available to calls. It may be applied to both circuit-switched and packet-switched networks. The non-blocking conditions for various networks are shown to be special c...

BACKGROUND Prospect theory suggests that when faced with an uncertain outcome, people display loss aversion by preferring to risk a greater loss rather than incurring certain, lesser cost. Providing probability information improves decision making towards the economically optimal choice in these situations. Clinicians frequently make decisions when the outcome is uncertain, and loss aversion ma...