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
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
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
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
Diskussion über ein effizientes Strommarktdesign als auch zur Debatte um eine Novellierung des EEG. …
Persistent link: https://www.econbiz.de/10009454748
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
The level of internal and external entropy belongs to basic indicators of evaluation of successfulness of management …. Entropy represents measure of nonsystematicness enterprise, which can lead to decrease its productivity. The aim of the … article is to describe and evaluated measure of entropy of agricultural enterprises. …
Persistent link: https://www.econbiz.de/10011316136
This report analyzes the relationship between thermodynamic and information entropy. It is shown that in the case of … socio-economic impact of information systems on the organization of social and economic systems is ambiguous. …
Persistent link: https://www.econbiz.de/10011316148