Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses under Uncertainty
This paper reports the results of an experimental parameter-free elicitation and decomposition of decision weights under uncertainty. Assuming cumulative prospect theory, utility functions were elicited for gains and losses at an individual level using the tradeoff method. Subsequently, decision wei...
| Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 51(2005), 9, Seite 1384-1399 |
|---|---|
| 1. Verfasser: | |
| Weitere Verfasser: | , |
| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2005
|
| Zugriff auf das übergeordnete Werk: | Management Science |
| Schlagworte: | decision under uncertainty Choquet expected utility cumulative prospect theory decision weights choice-based probabilities probability weighting Economics Mathematics Philosophy Behavioral sciences |
| Online verfügbar |
Volltext |