Showing 41 - 50 of 505
This article explores the extent to which decision behavior is shaped by short-lived reactions to the outcome of the most recent decision. We inspected repeated decision-making behavior in two versions of each of two decision-making tasks, an individual task and a strategic one. By regressing...
Persistent link: https://www.econbiz.de/10008684439
We compare estimators of the (essential) supremum and the integral of a function f defined on a measurable space when f may be observed at a sample of points in its domain, possibly with error. The estimators compared vary in their levels of stratification of the domain, with the result that...
Persistent link: https://www.econbiz.de/10008684440
The Fighter problem with discrete ammunition is studied. An aircraft (fighter) equipped with n anti-aircraft missiles is intercepted by enemy airplanes, the appearance of which follows a homogeneous Poisson process with known intensity. If j of the n missiles are spent at an encounter they...
Persistent link: https://www.econbiz.de/10008684441
We study estimation of finite population quantiles, with emphasis on estimators that are invariant under monotone transformations of the data, and suitable invariant loss functions. We discuss non-randomized and randomized estimators, best invariant and minimax estimators and sampling strategies...
Persistent link: https://www.econbiz.de/10008684442
Studies of the detection of change have commonly been concerned with individuals inspecting a system or a process, whose characteristics were fully determined by the researcher. We, instead, study the detection of change in the preferences - and hence the behavior - of others with whom an...
Persistent link: https://www.econbiz.de/10008684443
What happens when priors are not common? We show that for each type profile τ over a knowledge space (Ω, Π), where the state space Ω is connected with respect to the partition profile Π, we can associate a value 0 ≤ ε ≤ 1 that we term the prior distance of τ , where ε = 0 if and...
Persistent link: https://www.econbiz.de/10008684444
Phase I clinical trials are conducted in order to find the maximum tolerated dose (MTD) of a given drug from a finite set of doses. For ethical reasons, these studies are usually sequential, treating patients or group of patients with the best available dose according to the current knowledge....
Persistent link: https://www.econbiz.de/10008684445
Individuals behave with choice probabilities defined by a multinomial logit (MNL) probability distribution over a finite number of alternatives which includes utilities as parameters. The salient feature of the model is that probabilities depend on the choice-set, or domain. Expanding the...
Persistent link: https://www.econbiz.de/10008684446
The ability of invertebrates to perform complex cognitive tasks is widely debated. Bees utilize the number of landmarks en-route to their destination as cues for navigation, but their use of numerical information in other contexts has not been studied. Numerical regularity in the spatial...
Persistent link: https://www.econbiz.de/10008684447
Online reputation systems collect, maintain and disseminate reputations as a summary numerical score of past interactions of an establishment with its users. As reputation systems, including web search engines, gain in popularity and become a common method for people to select sought services, a...
Persistent link: https://www.econbiz.de/10008727244