What Determines the Shape of the Probability Weighting Function under Uncertainty?

Decision weights are an important component in recent theories of decision making under uncertainty. To better explain these decision weights, a two-stage approach has been proposed: First, the probability of an event is judged and then this probability is transformed by the probability weighting fu...

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Bibliographische Detailangaben
Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 47(2001), 12, Seite 1712-1726
1. Verfasser: Kilka, Michael (VerfasserIn)
Weitere Verfasser: Weber, Martin
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2001
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Ambiguity Decision Weights Prospect Theory Mathematics Economics Information science Philosophy