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Titlebook: Behavioral Decision Theory; Psychological and Ma Kazuhisa Takemura Book 2021Latest edition The Editor(s) (if applicable) and The Author(s),

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发表于 2025-3-21 16:42:17 | 显示全部楼层 |阅读模式
期刊全称Behavioral Decision Theory
期刊简称Psychological and Ma
影响因子2023Kazuhisa Takemura
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发行地址Presents a conceptual framework of behavioral decision theory.Shows how decision phenomena can be better understood.Reinterprets old theories and proposes a new overview
图书封面Titlebook: Behavioral Decision Theory; Psychological and Ma Kazuhisa Takemura Book 2021Latest edition The Editor(s) (if applicable) and The Author(s),
影响因子This book is the second edition of Behavioral Decision Theory, published in 2014. The main approach and structure of this book have been retained in the new edition. However, this second edition provides a fresh overview of the idea of behavioral decision theory and related research findings such as theoretical and empirical discoveries of preference formation, time discounting, social interaction, and social decision making. The book covers a wide range from classical to relatively recent major studies concerning behavioral decision theory, which, in brief, is a general term for descriptive theories to explain the psychological knowledge related to people’s decision-making behavior. It is called a theory but is actually a combination of various psychological theories, for which no axiomatic systems—such as those associated with the utility theory widely used in economics—have been established..The utility theory is often limited to qualitative knowledge;however, as the studies of Nobel laureates H. A. Simon, D. Kahneman, and R. Thaler have suggested, the psychological methodology and knowledge of behavioral decision theory have been applied widely in such fields as economics, busi
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发表于 2025-3-21 21:27:01 | 显示全部楼层
Preference and Preference Structure the best decisions. In this chapter, we first present a conceptual framework for the phenomenon of decision making, and then use set theory to provide a more rigorous discussion. The concept of decision making is based on the assumption that at least the best alternatives can be chosen, and that th
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Ordinal Utility and Preference Reversal Phenomenonhapter . described that preference relation can be represented by set theory. This chapter first introduces the concept of utility (numerical representation) used to explain such decision-making phenomena and briefly presents the idea of traditional ordinal utility theory. Ordinal utility theory is
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Causes of Preference Reversal Phenomenonnstein and Slovic (Slovic and Lichtenstein, .; Slovic and Lichtenstein, .) as the phenomenon of preference relation inconsistency that results from the methods of selection and pricing in gambles. The selection problem of these studies had the test subjects choose between Gamble . with a high winnin
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Axioms and Counterexamples Expected Utility Theoryt based on expected utility theory. This chapter will first explain the axiomatic system of expected utility theory, then how to approach the axiomatic system, with introduction of some counterexamples. A study of one theory of decision-making that derives a group of axioms expressing decision-makin
发表于 2025-3-23 00:54:04 | 显示全部楼层
Preference Paradox and Nonlinear Expected Utility Theory. The Allais and Ellsberg paradoxes are interpreted as deviations from the independence axiom. This chapter first explains the relations between these paradoxes and the independence axiom. In recent years, these paradoxes have become explainable using such theory systems called nonlinear utility the
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The Framing Effect of Decision Makingsion making under uncertainty. There is, however, a phenomenon called the framing effect which cannot be explained in its essence by the body of utility theory. The framing effect refers to phenomena in which preference is reversed even for the same decision making problem because of changes in pers
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