Advances in Decision Making Under Risk and Uncertainty

Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome will result from our decisions. Unfortunately, the standard theory of choice under uncertainty developed in the early forties and fifties turns...

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Bibliographic Details
Other Authors: Abdellaoui, Mohammed (Editor), Hey, John D. (Editor)
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2008, 2008
Edition:1st ed. 2008
Series:Theory and Decision Library C, Game Theory, Social Choice, Decision Theory, and Optimization
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Uncertainty and Information Modeling
  • Revealed Ambiguity and Its Consequences: Updating
  • Dynamic Decision Making When Risk Perception Depends on Past Experience
  • Representation of Conditional Preferences Under Uncertainty
  • Subjective Information in Decision Making and Communication
  • Risk Modeling
  • Sensitivity Analysis in Decision Making: A Consistent Approach
  • Alternation Bias and the Parameterization of Cumulative Prospect Theory
  • Proposing a Normative Basis for the S-Shaped Value Function
  • Experimental Individual Decision Making
  • Individual Choice from a Convex Lottery Set: Experimental Evidence
  • Temptations and Dynamic Consistency
  • Monty Hall’s Three Doors for Dummies
  • Overconfidence in Predictions as an Effect of Desirability Bias
  • Experimental Interactive Decision Making
  • Granny Versus Game Theorist: Ambiguity in Experimental Games
  • Guessing Games and People Behaviours: What Can We Learn?
  • The Determinants of Individual Behaviour in Network Formation: Some Experimental Evidence