A Belief-Based Account of Decision under Uncertainty

We develop a belief-based account of decision under uncertainty. This model predicts decisions under uncertainty from (i) judgments of probability, which are assumed to satisfy support theory; and (ii) decisions under risk, which are assumed to satisfy prospect theory. In two experiments, subjects e...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 44(1998), 7, Seite 879-895
1. Verfasser: Fox, Craig R. (VerfasserIn)
Weitere Verfasser: Tversky, Amos
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1998
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Decision Making Risk Uncertainty Expected Utility Prospect Theory Support Theory Decision Weights Judgment Probability Mathematics mehr... Behavioral sciences Economics Philosophy Applied sciences