A Testing Method of Probability Weighting Functions From an Axiomatic Perspective
This study presents a testing approach to examine various models of probability weighting functions that are considered nonlinear functions of probability in behavioral decision theory, such as prospect theory. Although there are several empirical psychometric tests to examine probability weighting...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Frontiers Media S.A.
2018-10-01
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Series: | Frontiers in Applied Mathematics and Statistics |
Subjects: | |
Online Access: | https://www.frontiersin.org/article/10.3389/fams.2018.00048/full |