An experimental study on cumulative prospect theory learning model of travelers’ dynamic mode choice under uncertainty
Sign Up to like & getrecommendations! Published in 2017 at "International journal of transportation science and technology"
DOI: 10.1016/j.ijtst.2017.07.002
Abstract: Abstract In this paper, we examined travelers’ dynamic mode choice behavior under travel time variability. We found travelers’ inconsistent risk attitudes through a binary mode choice experiment. Although the results deviated from the traditional utility… read more here.
Keywords: cumulative prospect; prospect theory; mode choice; model ... See more keywords
Site selection of photovoltaic power plants in a value chain based on grey cumulative prospect theory for sustainability: A case study in Northwest China
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Cleaner Production"
DOI: 10.1016/j.jclepro.2017.02.012
Abstract: Installing a photovoltaic (PV) power plant at a proper location has been a critical problem for the system planners and investors. In this study, grey cumulative prospect theory is employed to study the site selection… read more here.
Keywords: power plants; cumulative prospect; site selection; prospect theory ... See more keywords
The empirical adequacy of cumulative prospect theory and its implications for normative assessment
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economic Methodology"
DOI: 10.1080/1350178x.2017.1309753
Abstract: Much behavioral welfare economics assumes that expected utility theory (EUT) does not accurately describe most human choice under risk. A substantial literature instead evaluates welfare consequences by taking cumulative prospect theory (CPT) as the natural… read more here.
Keywords: theory; cumulative prospect; prospect theory; choice ... See more keywords
Perception Bias Effects on Healthcare Management in COVID-19 Pandemic: An Application of Cumulative Prospect Theory
Sign Up to like & getrecommendations! Published in 2022 at "Healthcare"
DOI: 10.3390/healthcare10020226
Abstract: Coronavirus disease 2019 (COVID-19) has posed severe threats to human safety in the healthcare sector, particularly in residents in long-term care facilities (LTCFs) at a higher risk of morbidity and mortality. This study aims to… read more here.
Keywords: perception bias; perception; covid; prospect theory ... See more keywords