학제간연구 | Interdisciplinary Studies in Gambling | 跨学科研究
- date : 2015-05-20 01:10|hit : 1421
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- Editorial Material] What is behind the priority heuristic? A mathematical analysis and comment on Brandstdtter, Gigerenzer, and Hertwig (2006)
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DocNo of ILP: 4013
Doc. Type: Editorial Material
Title: What is behind the priority heuristic? A mathematical analysis and comment on Brandstdtter, Gigerenzer, and Hertwig (2006)
Authors: Rieger, MO; Wang, M
Full Name of Authors: Rieger, Marc Oliver; Wang, Mei
Keywords by Author: decisions under risk; prospect theory; heuristics; lotteries
Keywords Plus: UNCERTAINTY
Abstract: The authors discuss the priority heuristic, a recent model for decisions under risk. They reanalyze the experimental validity of this approach and discuss how these results compare with cumulative prospect theory, the currently most established model in behavioral economics. They also discuss how general models for decisions under risk based on a heuristic approach can be understood mathematically to gain some insight in their limitations. They finally consider whether the priority heuristic model can lead to some understanding of the decision process of individuals or whether it is better seen as an as-if model.
Cate of OECD: Psychology
Year of Publication: 2008
Business Area: lottery
Detail Business: lottery
Country: USA
Study Area:
Name of Journal: PSYCHOLOGICAL REVIEW
Language: English
Country of Authors: [Wang, Mei] Univ Zurich, ISB, CH-8032 Zurich, Switzerland; [Rieger, Marc Oliver] ETH, Zurich, Switzerland
Press Adress: Wang, M (reprint author), Univ Zurich, ISB, Plattenstr 32, CH-8032 Zurich, Switzerland.
Email Address: wang@isb.unizh.ch
Citaion:
Funding:
Lists of Citation: Birnbaum MH, 2005, J RISK UNCERTAINTY, V31, P263, DOI 10.1007/s11166-005-5103-9; Brandstatter E, 2006, PSYCHOL REV, V113, P409, DOI 10.1037/0033-295X.113.2.409; EREV I, 2002, UNPUB COMBINING THEO; JOHNSON EJ, 1989, MANAGE SCI, V35, P406, DOI 10.1287/mnsc.35.4.406; TVERSKY A, 1992, J RISK UNCERTAINTY, V5, P297, DOI 10.1007/BF00122574; TVERSKY A, 1995, PSYCHOL REV, V102, P269, DOI 10.1037//0033-295X.102.2.269; von Neumann J., 1944, THEORY GAMES EC BEHA
Number of Citaion: 7
Publication: AMER PSYCHOLOGICAL ASSOC
City of Publication: WASHINGTON
Address of Publication: 750 FIRST ST NE, WASHINGTON, DC 20002-4242 USA
ISSN: 0033-295X
29-Character Source Abbreviation: PSYCHOL REV
ISO Source Abbreviation: Psychol. Rev.
Volume: 115
Version: 1
Start of File: 274
End of File: 280
DOI: 10.1037/0033-295X.115.1.274
Number of Pages: 7
Web of Science Category: Psychology; Psychology, Multidisciplinary
Subject Category: Psychology
Document Delivery Number: 250ZM
Unique Article Identifier: WOS:000252339900022
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