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sets simulated for Full Signal Detection Theory and its special cases of standard Signal Detection Theory and Complementary … Signal Detection Theory. …
Persistent link: https://www.econbiz.de/10009441534
Prospect Theory) by fitting utility functions to negotiation behavior observed in a laboratory setting. In addition to … strongly suggest that the Prospect Theory value function provides the best prediction of actual negotiation behavior. Results …
Persistent link: https://www.econbiz.de/10009477775
The focus of this study was to learn more about a critical commodity market participant, the long term speculator. The speculator's activity broadens a market, creates essential liquidity, and performs an irreplaceable pricing function. Working knowledge of the profiles, motivations, and modes...
Persistent link: https://www.econbiz.de/10009477806
Die heißen Diskussionen über die Ergebnisse der PISA – (in aller Öffentlichkeit) und TIMSS – Studie (im Fachpublikum) sowie die verschiedenen Ansichten über Kultus – und Bildungspolitik im Rahmen der Föderalismusreform deuten auf einen großen Informationsbedarf hin. Dabei lassen auch...
Persistent link: https://www.econbiz.de/10009471833
Decision makers and forecasters often receive advice from different sources including human experts and statistical methods. This research examines, in the context of stock price forecasting, how the apparent source of the advice affects the attention that is paid to it when the mode of delivery...
Persistent link: https://www.econbiz.de/10009435325
forecasts. In theory, the provision of prediction intervals, in addition to point forecasts, should therefore lead to further …
Persistent link: https://www.econbiz.de/10009435336
public facilities. The hedonic price theory, an indirect technique, is the most logically suited, especially for capturing … the shadow or implicit price of a characteristic such as proximity in the real estate market. While the theory is … and transfer the conclusions to a very different hazard and situation. The use of the hedonic price theory and the issue …
Persistent link: https://www.econbiz.de/10009436709
We examine the impact of individual-specific information processing strategies (IPSs) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. Current practice assumes that individuals employ a homogenous IPS with regards to how...
Persistent link: https://www.econbiz.de/10009438188
Generally speaking, psychologists have suggested three traditional views of how people cope with uncertainty. They are the certainty maximiser, the intuitive statistician-economist and the knowledge seeker (Smithson, 2008). In times of uncertainty, such as the recent global financial crisis,...
Persistent link: https://www.econbiz.de/10009438245
The rising rates of obesity and overweight are contributing to higher costs for the individual and the nation, both medically and financially. There is a greater need for education and other preventive measures, but in order to tailor such programs effectively to the individuals most in need, it...
Persistent link: https://www.econbiz.de/10009439260