Showing 1 - 10 of 148
choice. Recent studies using Tsallis’ statistics-based econophysics have found a discount function (i.e. q …-exponential discounting function in behavioral studies, we experimentally estimated the consistency parameter q in Tsallis’ statistics …
Persistent link: https://www.econbiz.de/10009448386
Often only limited information can be elicited from experts about a distribution, such as quantiles or other summary … their asymmetry. This paper provides a range of simple approaches to encoding these types of distributions. We consider the … though minimal set of summary statistics that have been elicited from experts. When additional information has been elicited …
Persistent link: https://www.econbiz.de/10009483564
memory. The traditional Black-Scholes model is expanded to incorporate memory via an integral operator, resulting in a class … calls and puts are given by the Black-Scholes formula. The model has memory and can distinguish between historical …
Persistent link: https://www.econbiz.de/10009438240
ambiguous information in a certain manner, or instead leads to a more efficient encoding. The observation of a "both …(from the chapter) The REM model originally developed for recognition memory (R. M. Shiffrin and M. Steyvers, 1997) has … recently been extended to implicit memory phenomena observed during threshold identification of words. The authors discuss 2 …
Persistent link: https://www.econbiz.de/10009460273
This paper considers bounded-memory players in a coordination game, who imitate the most successful remembered actions …. With exogenous inertia, risk-dominant equilibria are selected independently of the length of memory. Without inertia …, Pareto-dominant equilibria arise when memory is long enough. …
Persistent link: https://www.econbiz.de/10009471709
Background: Alcohol-induced blackouts (ie, periods of anterograde amnesia) have received limited recent research attention. Objective: To examine the genetic epidemiology of lifetime blackouts and having had 3 or more blackouts in a year, including analyses controlling for the frequency of...
Persistent link: https://www.econbiz.de/10009448077
Diskussion über ein effizientes Strommarktdesign als auch zur Debatte um eine Novellierung des EEG. …
Persistent link: https://www.econbiz.de/10009454748
to collect, process, and share information about their own status and about their environment, has attained a high degree … information asymmetries concerning individual risk this has positive efficiency effects. Simultaneously with the improvement of … gain relevance. The comprehensiveness of collected pieces of information which can be stored arbitrarily long and …
Persistent link: https://www.econbiz.de/10009482327
and asymptotically normal under the fairly moderate regularity conditions. It is widely known that the information content …
Persistent link: https://www.econbiz.de/10009431183
Anecdotal data affirms that companies applying Lean Six Sigma in their operations not only deliver higher quality products and services, but also obtain superior financial results. The goal of this research was to empirically verify anecdotal data. The study proposed to analyze a group of...
Persistent link: https://www.econbiz.de/10009457236