Showing 1 - 10 of 17
Many experiments investigating different decision theories have relied heavily on pairwise choices between lotteries. These are easy to incentivise, but often yield only limited dichotomous information. This paper considers whether respondents’ judgments about their strength of preference...
Persistent link: https://www.econbiz.de/10011155038
Distributed water infrastructure (located at the community or the household level) is relatively untried and unproven, compared with technologies for managing urban water at higher (e.g. regional) levels. This work presents a review of currently available options for distributed water...
Persistent link: https://www.econbiz.de/10010794201
This paper presents the results of an investigation into the relationship between urban form and the performance of a water distribution system. The effect of new development or redevelopment on the performance of an expanded rehabilitation of the well-known Anytown water distribution system is...
Persistent link: https://www.econbiz.de/10010794650
Persistent link: https://www.econbiz.de/10010865786
Although there is evidence of surface-based storm drainage systems in early Babylonian and Mesopotamian Empires in Iraq (<i>ca</i>. 4000–2500 BC), it is not until after <i>ca</i>. 3000 BC that we find evidence of the well organized and operated sewer and drainage systems of the Minoans and Harappans in...
Persistent link: https://www.econbiz.de/10011030175
Future<strong> </strong>scenarios provide challenging, plausible and relevant stories about how the future could unfold. Urban Futures (UF) research has identified a substantial set (450) of seemingly disparate scenarios published over the period 1997–2011 and within this research, a sub-set of 160 scenarios...
Persistent link: https://www.econbiz.de/10011030347
type="main" xml:id="ecor12113-abs-0001" <p>We report an experimental study that aims to elicit monetary measures of strength of preference in choices involving pairs of risky prospects. Despite extensive testing to refine the instruments used, we find that these money measures are systematically...</p>
Persistent link: https://www.econbiz.de/10011033712
In an earlier paper we put forward a model of imprecise preferences which accounted for various forms of preference reversal. In this paper we show that the same model can also explain the best-known violations of expected utility theory's axioms of independence and betweenness. It appears that...
Persistent link: https://www.econbiz.de/10010573054
The goal of the Accelerated Benefits Demonstration is to assess the efficacy of providing newly awarded SSDI beneficiaries who have no health coverage with immediate access to health benefits. With earlier access, beneficiaries may experience better health outcomes, increase their likelihood of...
Persistent link: https://www.econbiz.de/10010609081
Models of stochastic choice are intended to capture the substantial amount of noise observed in decisions under risk. We present an experimental test of one model, which many regard as the default—the Basic Fechner model. We consider one of the model’s key assumptions—that the noise around...
Persistent link: https://www.econbiz.de/10010987826