Titlebook: Uncertainty and Risk; Mental, Formal, Expe Mohammed Abdellaoui,R. Duncan Luce,Bertrand Munier Book 2007 Springer-Verlag Berlin Heidelberg 2

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Lorenz Meets Rating but Misses Valuationluations violate them. The framing effect is significant only for the Spanish data. For this data the sign of the framing effect depends on the type of the Lorenz relation considered. For crossing Lorenz curves, a higher conformity corresponds to the lottery frame, for Lorenz dominance a higher conf

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A Deeper Look at Hyperbolic Discountingl period and delay varies), documenting the frequency of patterns consistent with exponential discounting and with hyperbolic discounting. We find that exponential discounting is the clear modal choice pattern in virtually all cases. Hyperbolic discounting is never the modal pattern (except in the s

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Probabilistic Risk Analysis Versus Decision Analysis: Similarities, Differences and Illustrationsnown. Therefore, the definition of Bayesian probability as a degree of belief has to be adapted, for instance, by assuming implicit delegation of the user’s judgment to the analyst and the experts, which requires special care in the presentation of the results. Also, a risk analysis is often perform

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Active Search for Probability Information and Recall Performance: Is Probability an Outstanding Elemhan prestructured information. It is argued that (1) actively searched information in general is of greater importance, because it matches the specific information needs of the decision maker during the construction of the mental representation and (2) the role of probability information in the ment

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vernment ‘officially abandoned the assimilation policy for indigenous Australians in the Northern Territory in 1973’, one wag called out: ‘at the end of the Japanese Occupation!’. The communal wave of hilarity swept on through a riotous dinner with people enacting their favourite worst scenes and im