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Search: subject:"Decision theory"
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decision theory
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1
Loss aversion
Imai, Taisuke
;
Schmidt, Klaus M.
-
2023
" (Kahneman, 2011, p. 300). It has powerful implications for
decision
theory
and has been fruitfully applied in many subfields of …
Persistent link: https://www.econbiz.de/10014540403
Saved in:
2
Artificial Intelligence and the Economics of Decision-Making
Naudé, Wim
-
2023
decisions. In this challenge, they confront two questions: what
decision
theory
to follow and how to implement it in AI systems …. This paper provides answers to these questions and makes three contributions. The first is to discuss how economic
decision
…
theory
– Expected Utility Theory (EUT) – can help AI systems with utility functions to deal with the problem of instrumental …
Persistent link: https://www.econbiz.de/10014296744
Saved in:
3
Rationality is not consistency
Caliari, Daniele
-
2023
between axioms of
decision
theory
: consistency and preference axioms. We argue that this distinction has been overlooked by …
Persistent link: https://www.econbiz.de/10014327659
Saved in:
4
Loss Aversion
Imai, Taisuke
;
Schmidt, Klaus
-
2023
" (Kahneman, 2011, p. 300). It has powerful implications for
decision
theory
and has been fruitfully applied in many subfields of …
Persistent link: https://www.econbiz.de/10014467841
Saved in:
5
Double conditioning: The hidden connection between Bayesian and classical statistics
Manganelli, Simone
-
2023
Bayesian decisions are observationally identical to decisions with judgment. Decisions with judgment test whether a judgmental decision is optimal and, in case of rejection, move to the closest boundary of the confidence interval, for a given confidence level. The resulting decisions condition...
Persistent link: https://www.econbiz.de/10014374474
Saved in:
6
What were you thinking?
Decision
theory
as coherence test
Gilboa, Itzhak
;
Samuelson, Larry
- In:
Theoretical Economics
17
(
2022
)
2
,
pp. 507-519
Decision
theory
can be used to test the logic of decision making---one may ask whether a given set of decisions can be …
Persistent link: https://www.econbiz.de/10014537027
Saved in:
7
Statistical decision functions with judgment
Manganelli, Simone
-
2021
A decision maker tests whether the gradient of the loss function evaluated at a judgmental decision is zero. If the test does not reject, the action is the judgmental decision. If the test rejects, the action sets the gradient equal to the boundary of the rejection region. This statistical...
Persistent link: https://www.econbiz.de/10012422174
Saved in:
8
Visual Inference and Graphical Representation in Regression Discontinuity Designs
Korting, Christina
;
Lieberman, Carl
;
Matsudaira, Jordan
; …
-
2021
Despite the widespread use of graphs in empirical research, little is known about readers' ability to process the statistical information they are meant to convey ("visual inference"). We study visual inference within the context of regression discontinuity (RD) designs by measuring how...
Persistent link: https://www.econbiz.de/10012882499
Saved in:
9
Robust Bayesian analysis for econometrics
Giacomini, Raffaella
;
Kitagawa, Toru
;
Read, Matthew
-
2021
We review the literature on robust Bayesian analysis as a tool for global sensitivity analysis and for statistical decision-making under ambiguity. We discuss the methods proposed in the literature, including the different ways of constructing the set of priors that are the key input of the...
Persistent link: https://www.econbiz.de/10012888645
Saved in:
10
Behavioral decision making in normative and descriptive views: A critical review of literature
Chai, Junyi
;
Weng, Zhiquan
;
Liu, Wenbin
- In:
Journal of Risk and Financial Management
14
(
2021
)
10
,
pp. 1-14
proposals for mechanisms for the development of D-TEA (
decision-theory
, experiments, and applications). …
Persistent link: https://www.econbiz.de/10013201174
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