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Author : Gordon Becker
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (12 download)
Download or read book An Experimental Study of a Stochastic Model of Choice Behavior written by Gordon Becker and published by . This book was released on 1963 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : CALIFORNIA UNIV LOS ANGELES.
Publisher :
ISBN 13 :
Total Pages : 1 pages
Book Rating : 4.:/5 (227 download)
Download or read book An Experimental Study of a Stochastic Model of Choice Behavior written by CALIFORNIA UNIV LOS ANGELES. and published by . This book was released on 1963 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : R. Duncan Luce
Publisher : Courier Corporation
ISBN 13 : 0486153398
Total Pages : 172 pages
Book Rating : 4.4/5 (861 download)
Download or read book Individual Choice Behavior written by R. Duncan Luce and published by Courier Corporation. This book was released on 2012-06-22 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This treatise presents a mathematical analysis of choice behavior. Starting with a general axiom, it then examines applications of the theory to substantive problems: psychophysics, utility, and learning. 1959 edition.
Author : Don Neill MacDonald
Publisher :
ISBN 13 :
Total Pages : 159 pages
Book Rating : 4.:/5 (148 download)
Download or read book Experimental Studies of Individual Choice Behavior in Uncertain Contexts written by Don Neill MacDonald and published by . This book was released on 1984 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : M. Allais
Publisher : Springer Science & Business Media
ISBN 13 : 9401576297
Total Pages : 706 pages
Book Rating : 4.4/5 (15 download)
Download or read book Expected Utility Hypotheses and the Allais Paradox written by M. Allais and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utility theory or, value theory in general, is certainly the cornerstone of decision theory, game theory, microecon~mics, and all social and political theories which deal with public decisions. Recently the American School of utility, founded by von N eumann Morgenstern, encountered a far-going criticism by the French School of utility represented by its founder Allais. The whole basis of the theory of decisions involving risk has been shaken and put into question. Consequently, basic research in the fundamentals of utility and value theory evolved into a crisis. Like any crisis in basic research, and this one was not an exception, it was very fruitful. One may simply say: Allais versus von Neumann-Morgenstern, or the French School of utility versus the American School, became one of the battlefields of scientific development which proved to be a most creative source of new advances and new developments in all those sciences which are based on evaluation of utilities.
Author :
Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Author : R. Dale Wilson
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.0/5 ( download)
Download or read book Testing Stochastic Models of Consumer Choice Behavior written by R. Dale Wilson and published by . This book was released on 1977 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John H. Kagel
Publisher : Cambridge University Press
ISBN 13 : 0521454883
Total Pages : 246 pages
Book Rating : 4.5/5 (214 download)
Download or read book Economic Choice Theory written by John H. Kagel and published by Cambridge University Press. This book was released on 1995-01-27 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the authors' research program using laboratory animals to investigate individual choice theory in economics.
Author : Patrick Suppes
Publisher : Elsevier
ISBN 13 : 1483295036
Total Pages : 510 pages
Book Rating : 4.4/5 (832 download)
Download or read book Foundations of Measurement written by Patrick Suppes and published by Elsevier. This book was released on 2014-06-28 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Measurement offers the most coherently organized treatment of the topics and issues central to measurement. Much of the research involved has been scattered over several decades and a multitude of journals--available in many instances only to specialties. With the publication of Volumes two and three of this important work, Foundations of Measurement is the most comprehensive presentation in the area of measurement.
Author : Pablo Brañas-Garza
Publisher : Cambridge University Press
ISBN 13 : 100905886X
Total Pages : 70 pages
Book Rating : 4.0/5 (9 download)
Download or read book Imperfect Perception and Stochastic Choice in Experiments written by Pablo Brañas-Garza and published by Cambridge University Press. This book was released on 2024-01-24 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The branch of psychology that studies how physical objects are perceived by subjects is known as psychophysics. A feature of the experimental design is that the experimenter presents objectively measurable objects that are imperfectly perceived by subjects. The responses are stochastic in that a subject might respond differently in otherwise identical situations. These stochastic choices can be compared to the objectively measurable properties. This Element offers a brief introduction to the topic, explains how psychophysics insights are already present in economics, and describes experimental techniques with the goal that they are useful in the design of economics experiments. Noise is a ubiquitous feature of experimental economics and there is a large strand of economics literature that carefully considers the noise. However, the authors view the psychophysics experimental techniques as uniquely suited to helping experimental economists uncover what is hiding in the noise.
Author : Morton D. Davis
Publisher : Courier Corporation
ISBN 13 : 0486135152
Total Pages : 290 pages
Book Rating : 4.4/5 (861 download)
Download or read book Game Theory written by Morton D. Davis and published by Courier Corporation. This book was released on 2012-05-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating, newly revised edition offers an overview of game theory, plus lucid coverage of two-person zero-sum game with equilibrium points; general, two-person zero-sum game; utility theory; and other topics.
Author : Salvador Barbera
Publisher : Springer Science & Business Media
ISBN 13 : 9780792381747
Total Pages : 714 pages
Book Rating : 4.3/5 (817 download)
Download or read book Handbook of Utility Theory written by Salvador Barbera and published by Springer Science & Business Media. This book was released on 1998 with total page 714 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard rationality hypothesis implies that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of social sciences. Though the utility maximization hypothesis is venerable, it remains an area of active research. Moreover, some fundamental conceptual problems remain unresolved, or at best have resolutions that are too recent to have achieved widespread understanding among social scientists. The main purpose of the Handbook of Utility Theory is to make recent developments in the area more accessible. The editors selected a number of specific topics, and invited contributions from researchers whose work had come to their attention. Therefore, the list of topics and contributions is largely the editors' responsibility. Each contributor's chapter has been refereed, and revised according to the referees' remarks. This is the first volume of a two volume set, with the second volume focusing on extensions of utility theory.
Author : Howard M. Taylor
Publisher : Academic Press
ISBN 13 : 1483269272
Total Pages : 410 pages
Book Rating : 4.4/5 (832 download)
Download or read book An Introduction to Stochastic Modeling written by Howard M. Taylor and published by Academic Press. This book was released on 2014-05-10 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Introduction to Stochastic Modeling provides information pertinent to the standard concepts and methods of stochastic modeling. This book presents the rich diversity of applications of stochastic processes in the sciences. Organized into nine chapters, this book begins with an overview of diverse types of stochastic models, which predicts a set of possible outcomes weighed by their likelihoods or probabilities. This text then provides exercises in the applications of simple stochastic analysis to appropriate problems. Other chapters consider the study of general functions of independent, identically distributed, nonnegative random variables representing the successive intervals between renewals. This book discusses as well the numerous examples of Markov branching processes that arise naturally in various scientific disciplines. The final chapter deals with queueing models, which aid the design process by predicting system performance. This book is a valuable resource for students of engineering and management science. Engineers will also find this book useful.
Author : Daniel Kahneman
Publisher : Cambridge University Press
ISBN 13 : 1107651069
Total Pages : 864 pages
Book Rating : 4.1/5 (76 download)
Download or read book Choices, Values, and Frames written by Daniel Kahneman and published by Cambridge University Press. This book was released on 2000-09-25 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the definitive exposition of 'prospect theory', a compelling alternative to the classical utility theory of choice. Building on the 1982 volume, Judgement Under Uncertainty, this book brings together seminal papers on prospect theory from economists, decision theorists, and psychologists, including the work of the late Amos Tversky, whose contributions are collected here for the first time. While remaining within a rational choice framework, prospect theory delivers more accurate, empirically verified predictions in key test cases, as well as helping to explain many complex, real-world puzzles. In this volume, it is brought to bear on phenomena as diverse as the principles of legal compensation, the equity premium puzzle in financial markets, and the number of hours that New York cab drivers choose to drive on rainy days. Theoretically elegant and empirically robust, this volume shows how prospect theory has matured into a new science of decision making.
Author :
Publisher :
ISBN 13 :
Total Pages : 560 pages
Book Rating : 4.:/5 (319 download)
Download or read book Selected Aspects of Consumer Behavior written by and published by . This book was released on 1977 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tamar Kugler
Publisher : Springer Science & Business Media
ISBN 13 : 038777131X
Total Pages : 364 pages
Book Rating : 4.3/5 (877 download)
Download or read book Decision Modeling and Behavior in Complex and Uncertain Environments written by Tamar Kugler and published by Springer Science & Business Media. This book was released on 2008-07-20 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text examines new research at the interface of operations research, behavioral and cognitive sciences, and decision analysis. From the cognitive behaviorist who collects empirical evidence as to how people make decisions to the engineer and economist who are the consumers of such understanding, the reader encounters the familiar Traveling Salesman Problem and Prisoner's dilemma, how agricultural decisions are made in Argentina's Pampas region, and some social goals that come into play as an element of rational decision-making. In these 14 self-contained chapters, broad topics covered include the integration of decision analysis and behavioral models, innovations in behavioral models, exploring descriptive behavior models, and experimental studies.
Author : Susan E. F. Chipman
Publisher : Oxford University Press
ISBN 13 : 0190667273
Total Pages : 393 pages
Book Rating : 4.1/5 (96 download)
Download or read book The Oxford Handbook of Cognitive Science written by Susan E. F. Chipman and published by Oxford University Press. This book was released on 2016-11-10 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cognitive Science is an avowedly multidisciplinary field, drawing upon many traditional disciplines or research areas--including Linguistics, Neuroscience, Philosophy, Psychology, Anthropology, Artificial Intelligence, and Education--that contribute to our understanding of cognition. Just as learning and memory cannot truly prove effective as disconnected studies, practical applications of cognitive research, such as the improvement of education and human-computer interaction, require dealing with more complex cognitive phenomena by integrating the methods and insights from multiple traditional disciplines. The societal need for such applications has played an important role in the development of cognitive science. The Oxford Handbook of Cognitive Science emphasizes the research and theory that is most central to modern cognitive science. Sections of the volume address computational theories of human cognitive architecture; cognitive functioning, such as problem solving and decision making as they have been studied with both experimental methods and formal modeling approaches; and cognitive linguistics and the advent of big data. Chapters provide concise introductions to the present achievements of cognitive science, supplemented by references to suggested reading, and additional facets of cognitive science are discussed in the handbook's introductory chapter, complementing other key publications to access for further study. With contributions from among the best representatives in their fields, this volume will appeal as the critical resource for the students in training who determine the future of cognitive science.
