A Parameter-Free Elicitation of the Probability Weighting Function in Medical Decision Analysis
An important reason why people violate expected utility theory is probability weighting. Previous studies on the probability weighting function typically assume a specific parametric form, exclude heterogeneity in individual preferences, and exclusively consider monetary decision making. This study...
Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 46(2000), 11, Seite 1485-1496 |
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Format: | Online-Aufsatz |
Sprache: | English |
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2000
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Zugriff auf das übergeordnete Werk: | Management Science |
Schlagworte: | Nonexpected Utility Decision Theory Probability Weighting Utility Assessment Medical Decision Making Mathematics Information science Economics Behavioral sciences |
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