Testing prospect theory in students performance

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Publisher : Ministerio de Educación
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4./5 ( download)

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Book Synopsis Testing prospect theory in students performance by : Pérez Galdón, Patricia

Download or read book Testing prospect theory in students performance written by Pérez Galdón, Patricia and published by Ministerio de Educación. This book was released on with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Testing Prospect Theory

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (597 download)

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Book Synopsis Testing Prospect Theory by : Chris Starmer

Download or read book Testing Prospect Theory written by Chris Starmer and published by . This book was released on 1987 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Risk-Taking in International Politics

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Publisher : University of Michigan Press
ISBN 13 : 9780472087877
Total Pages : 256 pages
Book Rating : 4.0/5 (878 download)

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Book Synopsis Risk-Taking in International Politics by : Rose McDermott

Download or read book Risk-Taking in International Politics written by Rose McDermott and published by University of Michigan Press. This book was released on 2001 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the way leaders deal with risk in making foreign policy decisions

The Origin of Prospect Theory, Or Testing the Intuitive Statistician

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Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis The Origin of Prospect Theory, Or Testing the Intuitive Statistician by : Floris Heukelom

Download or read book The Origin of Prospect Theory, Or Testing the Intuitive Statistician written by Floris Heukelom and published by . This book was released on 2005 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Emotional Design

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Publisher : Basic Books
ISBN 13 : 0465004172
Total Pages : 276 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Emotional Design by : Don Norman

Download or read book Emotional Design written by Don Norman and published by Basic Books. This book was released on 2007-03-20 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why attractive things work better and other crucial insights into human-centered design Emotions are inseparable from how we humans think, choose, and act. In Emotional Design, cognitive scientist Don Norman shows how the principles of human psychology apply to the invention and design of new technologies and products. In The Design of Everyday Things, Norman made the definitive case for human-centered design, showing that good design demanded that the user's must take precedence over a designer's aesthetic if anything, from light switches to airplanes, was going to work as the user needed. In this book, he takes his thinking several steps farther, showing that successful design must incorporate not just what users need, but must address our minds by attending to our visceral reactions, to our behavioral choices, and to the stories we want the things in our lives to tell others about ourselves. Good human-centered design isn't just about making effective tools that are straightforward to use; it's about making affective tools that mesh well with our emotions and help us express our identities and support our social lives. From roller coasters to robots, sports cars to smart phones, attractive things work better. Whether designer or consumer, user or inventor, this book is the definitive guide to making Norman's insights work for you.

Utility Theories: Measurements and Applications

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Publisher : Springer Science & Business Media
ISBN 13 : 9401129525
Total Pages : 304 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Utility Theories: Measurements and Applications by : Ward Edwards

Download or read book Utility Theories: Measurements and Applications written by Ward Edwards and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-star cast of attendees are listed as authors in the Table of Contents of this book (see p. V), except for Soo Hong Chew and Amos Tversky. The purpose of the conference, and of National Science Foundation Grant No. SES-8823012 that supported it, was to confront proponents of new generalized theories of utility with leading decision analysts com mitted to the implementation, in practice, of the more traditional theory that these new theories reject. That traditional model is variously iden tified in this book as expected utility or subjectively expected utility maximization (EU or SEU for short) and variously attributed to von Neumann and Morgenstern or Savage. I had feared that the conference might consist of an acrimonious debate between Olympian normative theorists uninterested in what people actually do and behavioral modelers obsessed with the cognitive illusions and uninterested in helping people to make wise decisions. I was entirely wrong. The conferees, in two dramatic straw votes at the open ing session, unanimously endorsed traditional SEU as the appropriate normative model and unanimously agreed that people don't act as that model requires. (These votes had a profound impact on my thinking; detail about them and about that impact is located in Chapter 10.

Prospect Theory

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Publisher : Cambridge University Press
ISBN 13 : 1139489100
Total Pages : 519 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Prospect Theory by : Peter P. Wakker

Download or read book Prospect Theory written by Peter P. Wakker and published by Cambridge University Press. This book was released on 2010-07-22 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model completely transparent. Prospect theory has many applications in a wide variety of disciplines. The material in the book has been carefully organized to allow readers to select pathways through the book relevant to their own interests. With numerous exercises and worked examples, the book is ideally suited to the needs of students taking courses in decision theory in economics, mathematics, finance, psychology, management science, health, computer science, Bayesian statistics, and engineering.

Testing Two Computational Models of Preference

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Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.:/5 (631 download)

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Book Synopsis Testing Two Computational Models of Preference by : Michael J. Perry

Download or read book Testing Two Computational Models of Preference written by Michael J. Perry and published by . This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of the Fundamentals of Financial Decision Making

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Publisher : World Scientific
ISBN 13 : 9814417351
Total Pages : 941 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Handbook of the Fundamentals of Financial Decision Making by : Leonard C. MacLean

Download or read book Handbook of the Fundamentals of Financial Decision Making written by Leonard C. MacLean and published by World Scientific. This book was released on 2013 with total page 941 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).

Risk Aversion in Experiments

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Publisher : Emerald Group Publishing
ISBN 13 : 0762313846
Total Pages : 449 pages
Book Rating : 4.7/5 (623 download)

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Book Synopsis Risk Aversion in Experiments by : G.W. Harrison

Download or read book Risk Aversion in Experiments written by G.W. Harrison and published by Emerald Group Publishing. This book was released on 2008-02-29 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents research utilizing laboratory experimental methods in economics.

Framing and Prospect Theory

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Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (884 download)

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Book Synopsis Framing and Prospect Theory by : Sean P. Garguilo

Download or read book Framing and Prospect Theory written by Sean P. Garguilo and published by . This book was released on 2014 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this research was two-fold: First, to test more specific predictions of gain/loss framing effects based on prospect theory than have previously been explored in the field of communication, and second to demonstrate that the predictions of prospect theory and the expectancy value model can be observed simultaneously in the context of gain/loss framing effects. A two (frame: gain/loss) by two (behavior type: prevention/detection) experiment was conducted in which participants viewed manipulated health messages about the prevention and detection of sexually transmitted infections, and responded to surveys measuring variables predicted to moderate and mediate framing effects. The results suggest that a wider range of variables suggest by prospect theory are useful for understanding framing effects than those that are typically studied in framing studies in communication.

Risk, Uncertainty and the Agricultural Firm

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Publisher : World Scientific
ISBN 13 : 9814287628
Total Pages : 307 pages
Book Rating : 4.8/5 (142 download)

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Book Synopsis Risk, Uncertainty and the Agricultural Firm by : Charles Britt Moss

Download or read book Risk, Uncertainty and the Agricultural Firm written by Charles Britt Moss and published by World Scientific. This book was released on 2010 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is the first major survey of risk analysis from the perspective of the agricultural firms since Agricultural Decision Analysis by Anderson, Dillon, and Hardaker published in 1977. In addition to updating the traditional material from that text, this book includes the statistical foundations of decision making under risk and uncertainty. Adding to the material covered in Anderson, Dillon, and Hardaker, the text includes material on dynamic decision rules, the arbitrage pricing model, real options theory, and state-contingent production relationships. Risk, Uncertainty, and the Agricultural Firm provides a unique discussion of each application ? developing the theoretical basis for each model and presenting an empirical roadmap (or the ?nuts and bolts?) of each model to facilitate the empirical application of each technique.

Painful Choices

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Publisher : Princeton University Press
ISBN 13 : 9780691123400
Total Pages : 296 pages
Book Rating : 4.1/5 (234 download)

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Book Synopsis Painful Choices by : David A. Welch

Download or read book Painful Choices written by David A. Welch and published by Princeton University Press. This book was released on 2005-09-04 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan's endless patience with diplomacy in its conflict with Russia over the Northern Territories; America's decision to commit large-scale military force to Vietnam vs. its ultimate decision to withdraw; and Canada's two abortive flirtations with free trade with the United States in 1911 and 1948 vs. its embrace of free trade in the late 1980s."--Jacket.

The Psychology of Foreign Policy

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Publisher : Springer Nature
ISBN 13 : 3030798879
Total Pages : 404 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis The Psychology of Foreign Policy by : Christer Pursiainen

Download or read book The Psychology of Foreign Policy written by Christer Pursiainen and published by Springer Nature. This book was released on 2021-10-16 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on foreign policy decision-making from the viewpoint of psychology. Psychology is always present in human decision-making, constituted by its structural determinants but also playing its own agency-level constitutive and causal roles, and therefore it should be taken into account in any analysis of foreign policy decisions. The book analyses a wide variety of prominent psychological approaches, such as bounded rationality, prospect theory, belief systems, cognitive biases, emotions, personality theories and trust to the study of foreign policy, identifying their achievements and added value as well as their limitations from a comparative perspective. Understanding how leaders in world politics act requires us to consider recent advances in neuroscience, psychology and behavioral economics. As a whole, the book aims at better integrating various psychological theories into the study of international relations and foreign policy analysis, as partial explanations themselves but also as facets of more comprehensive theories. It also discusses practical lessons that the psychological approaches offer since ignoring psychology can be costly: decision-makers need to be able reflect on their own decision-making process as well as the perspectives of the others. Paying attention to the psychological factors in international relations is necessary for better understanding the microfoundations upon which such agency is based.

Cyber-Physical-Human Systems

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Publisher : John Wiley & Sons
ISBN 13 : 1119857406
Total Pages : 596 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis Cyber-Physical-Human Systems by : Anuradha M. Annaswamy

Download or read book Cyber-Physical-Human Systems written by Anuradha M. Annaswamy and published by John Wiley & Sons. This book was released on 2023-07-25 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber–Physical–Human Systems A comprehensive edited volume exploring the latest in the interactions between cyber–physical systems and humans In Cyber–Physical–Human Systems: Fundamentals and Applications, a team of distinguished researchers delivers a robust and up-to-date volume of contributions from leading researchers on Cyber–Physical–Human Systems, an emerging class of systems with increased interactions between cyber–physical, and human systems communicating with each other at various levels across space and time, so as to achieve desired performance related to human welfare, efficiency, and sustainability. The editors have focused on papers that address the power of emerging CPHS disciplines, all of which feature humans as an active component during cyber and physical interactions. Articles that span fundamental concepts and methods to various applications in engineering sectors of transportation, robotics, and healthcare and general socio-technical systems such as smart cities are featured. Together, these articles address challenges and opportunities that arise due to the emerging interactions between cyber–physical systems and humans, allowing readers to appreciate the intersection of cyber–physical system research and human behavior in large-scale systems. In the book, readers will also find: A thorough introduction to the fundamentals of cyber–physical–human systems In-depth discussions of cyber–physical–human systems with applications in transportation, robotics, and healthcare A comprehensive treatment of socio-technical systems, including social networks and smart cities Perfect for cyber–physical systems researchers, academics, and graduate students, Cyber–Physical–Human Systems: Fundamentals and Applications will also earn a place in the libraries of research and development professionals working in industry and government agencies.

Behavioural Economics: A Very Short Introduction

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Publisher : Oxford University Press
ISBN 13 : 019107117X
Total Pages : 169 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Behavioural Economics: A Very Short Introduction by : Michelle Baddeley

Download or read book Behavioural Economics: A Very Short Introduction written by Michelle Baddeley and published by Oxford University Press. This book was released on 2017-01-19 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally economists have based their economic predictions on the assumption that humans are super-rational creatures, using the information we are given efficiently and generally making selfish decisions that work well for us as individuals. Economists also assume that we're doing the very best we can possibly do - not only for today, but over our whole lifetimes too. But increasingly the study of behavioural economics is revealing that our lives are not that simple. Instead, our decisions are complicated by our own psychology. Each of us makes mistakes every day. We don't always know what's best for us and, even if we do, we might not have the self-control to deliver on our best intentions. We struggle to stay on diets, to get enough exercise and to manage our money. We misjudge risky situations. We are prone to herding: sometimes peer pressure leads us blindly to copy others around us; other times copying others helps us to learn quickly about new, unfamiliar situations. This Very Short Introduction explores the reasons why we make irrational decisions; how we decide quickly; why we make mistakes in risky situations; our tendency to procrastination; and how we are affected by social influences, personality, mood and emotions. The implications of understanding the rationale for our own financial behaviour are huge. Behavioural economics could help policy-makers to understand the people behind their policies, enabling them to design more effective policies, while at the same time we could find ourselves assaulted by increasingly savvy marketing. Michelle Baddeley concludes by looking forward, to see what the future of behavioural economics holds for us. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Rethinking the Use of Prospect Theory in Health Communication Research

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Publisher :
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Rethinking the Use of Prospect Theory in Health Communication Research by : Mengfei Guan

Download or read book Rethinking the Use of Prospect Theory in Health Communication Research written by Mengfei Guan and published by . This book was released on 2018 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guided by prospect theory (Kahneman & Tversky, 1979), a large body of research has investigated relative effectiveness of gain- and loss-framed message appeals in various health communication contexts. Several meta-analytic reviews (e.g., O'Keefe & Jensen, 2007, 2009), however, suggest that the anticipated relative advantage of each type of frame under certain conditions (e.g., prevention versus detection behavior) was not found in the existing literature. In an effort to explore why such a robust theory in economics and behavioral psychology fails to receive consistent empirical support in health communication research, this dissertation critically reviews empirical research on gain- and loss-framed message effects, with a comparison to the original prospect theory. This process identified four mismatches between the original theory and application in health communication research: Existing studies and the original theory differed in terms of (1) conceptualization of riskiness, (2) subjectivity of perceived riskiness, (3) absence/presence of required efforts in adopting a behavioral option, and (4) argument framing. Identifying the four mismatches leads to an integration of prospect theory and major constructs in health behavior theories (i.e., response efficacy and perceived susceptibility). Based on the theoretical integration, hypotheses and research questions were proposed and tested in two online experiments, with the first experiment portraying a fictitious disease and the second one focusing on a real health issue. Both experiments employed 2 (cognitive belief: high versus low) x 2 (message frame: gain versus loss) x 2 (perceived barriers: high versus low) factorial between-subjects designs. Results showed that hypotheses addressing Mismatch 1 did not receive consistent support: The effects of valence frame on behavioral change when communicating cognitive beliefs with different levels of riskiness (i.e., uncertainty) were largely not significant. However, hypotheses and research questions exploring issued identified in Mismatch 2 and Mismatch 3 offered a nuanced understanding of the use of prospect theory in health communication research: The percentage gap - between the percentage communicated in health messages and the one reported by the participants about their own perceptions of response efficacy and susceptibility - can be theorized as an indicator of persuasive effects. In addition, when communicating a familiar health topic, compared with an unfamiliar health issue, perceived barriers did not increase the perceived levels of riskiness (i.e., uncertainty) after message exposure. Implications, limitations, and direction for future research are discussed.