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The Susceptible Size of Coronavirus Spread, Epidemic Age, and Optimal Decisions
Jughaiman, Abdulaziz - 2023
This paper aims to determine the susceptible size used in the mathematical model that predicts the epidemic curve. It … also aims to ascertain the age of the epidemic and its reliability system, further suggesting optimal decisions. This paper … employs the mathematical induction and deduction methods to extract the parameter λ and the age of the epidemic. Functions …
Persistent link: https://www.econbiz.de/10014349368
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Decision-making in Colombian B Corps during the COVID-19 crisis
Servantie, Vinciane; Schorch, Sebastian L.; Orozco … - In: Small and medium sized enterprises and the covid-19 …, (pp. 222-250). 2022
Persistent link: https://www.econbiz.de/10013352920
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Shock determination in a two-stage decision-making model : the case of COVID-19 in Colombia
Acevedo, Rafael; Harmath, Pedro; Mora, Jose U.; Puente, … - In: Managerial and decision economics : MDE ; the … 43 (2022) 6, pp. 2587-2597
Persistent link: https://www.econbiz.de/10013466747
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Speed, quality, and the optimal timing of complex decisions : field evidence
Sunde, Uwe; Zēgners, Dainis; Strittmatter, Anthony - 2022
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …
Persistent link: https://www.econbiz.de/10012806643
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Optimal similarity judgments in intertemporal choice (and beyond)
Adriani, Fabrizio; Sonderegger, Silvia - 2019
expect a decision maker to distinguish between different time periods or different prizes? Our key premise is that cognitive …
Persistent link: https://www.econbiz.de/10012058613
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Heuristics and public policy : decision making under bounded rationality
Dhami, Sanjit S.; Al-Nowaihi, Ali; Sunstein, Cass R. - 2018
How do human beings make decisions when, as the evidence indicates, the assumptions of the Bayesian rationality approach in economics do not hold? Do human beings optimize, or can they? Several decades of research have shown that people possess a toolkit of heuristics to make decisions under...
Persistent link: https://www.econbiz.de/10011926917
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Intuitive Beliefs
Noor, Jawwad - 2020
Beliefs are intuitive if they rely on associative memory, which can be described as a network of associations between events. A belief-theoretic characterization of the model is provided, its uniqueness properties are established, and the intersection with the Bayesian model is characterized....
Persistent link: https://www.econbiz.de/10012845406
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Speed, Quality, and the Optimal Timing of Complex Decisions : Field Evidence
Sunde, Uwe; Zegners, Dainis; Strittmatter, Anthony - 2022
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …
Persistent link: https://www.econbiz.de/10013306854
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Can a Single Model Account for Both Risky Choices and Inter-Temporal Choices? Testing the Assumptions Underlying Models of Risky-Intertemporal Choice : A Conceptual Replication
Fidanoski, Filip; Dixit, Vinayak; Ortmann, Andreas - 2023
Luckman et al. (2018) experimentally tested the conjecture that a single model of risky intertemporal choice can account for both risky and intertemporal choices, and under the conditions of their experiment, found evidence supporting it. Given the existing literature, that is a remarkable...
Persistent link: https://www.econbiz.de/10014351420
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Lives or Livelihoods? Perceived Tradeoffs and Public Demand for Non-Pharmaceutical Interventions
Settele, Sonja - 2020
We study how cost-benefit considerations shape the public acceptance of non-pharmaceutical interventions (NPIs). In an online experiment conducted on a representative sample from the US during the early COVID-19 pandemic, we provide half of our respondents with research evidence pointing to low...
Persistent link: https://www.econbiz.de/10012835414