Re-examining how utility and weighting functions get their shapes: a quasi-adversarial collaboration providing a new interpretation
Stewart, Reimers and Harris (2015, SRH hereafter) demonstrated that shapes of utility and probability weighting functions could be manipulated by adjusting the distributions of outcomes and probabilities on offer, as predicted by the theory of Decision by Sampling. So marked were these effects that...
Main Authors: | , , , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Institute for Operations Research and the Management Sciences
2018
|
Online Access: | http://eprints.nottingham.ac.uk/52812/ http://eprints.nottingham.ac.uk/52812/1/Alempaki%20et%20al.%20Accepted%202018.07.02.pdf |