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Laboratory experiments find a robust relationship between decision times and perceived values of alternatives. This paper investigates how these findings translate to experts' decision making and information acquisition in the field. In a stylized model of expert choice between two alternatives,...
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The knowledge measure of fuzzy sets (FSs) has drawn greater attention and is still unresolved since it is the complementary idea to fuzzy entropy. The amount of knowledge is important in evaluating fuzzy information. This study proposes an exponential entropy-based knowledge measure for fuzzy...
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