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Fuzzy multi-criteria evaluations in complex decision systems : how to deal with uncertainties in biofuels policies – sustainability study for biofuels feedstocks in the US

Ziolkowska, Jadwiga R. - 2013

Persistent link: https://www.econbiz.de/10009760876

Aging, probability weighting, and reference point adoption : an experimental study

Suzuki, Ayako (contributor); Kume, Koichi (contributor) - 2008

We examine generational differences in risk-taking behavior by means of a laboratory experiment with monetary … incentives. We estimate the parameterized models in the framework of cumulative prospect theory and examine the risk aversion …, probability weightings and reference point adoption of elderly and young groups. The results of our experiment indicate that the …

Persistent link: https://www.econbiz.de/10003757815

Social anchor effects in decision-making under ambiguity

Lahno, Amrei M. - 2014

I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity. In a between-subjects design I vary whether subjects learn choices made individually by a "peer" in a first part when facing the same task a second time, and whether prospects...

Persistent link: https://www.econbiz.de/10010364762