Showing 1 - 10 of 143
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
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
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
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
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
which fits the observed practice as good as possible. Hereby themodeller is often confronted with incomplete information …
Persistent link: https://www.econbiz.de/10009443243
information theory and to well-founded decision models when framed in an expected utility maximization context. In applications …
Persistent link: https://www.econbiz.de/10009475514