Prospect theory has emerged as a leading alternative to expected utility as a theory of decision
under risk and has very recently begun to attract attention in the literature on international …

… of individuals, the individual prospect values of different … with minimum adjustments to
improve the consensus level among the individuals. In stage I, we assist the individuals to adjust …

… In this process, the classification sets are determined and the feedback method with
minimum adjustments of weighted information is presented. Moreover, in Yao [3], a novel multi-…

… The resulting model, called cumulative prospect theory, … standard model and set a
minimal challenge that must be met … The adjustments of mixed prospects to acceptability (prob…

… implied by the prospect theory? … of prospect theory in explaining investor behavior and
asset pricing. For example, Benartzi and Thaler, 1995, Barberis et al., 2001 apply prospect theory …

… fact that travelers can adjust their route choices … min such that the least possible travel time
between origin node A and destination node C is 60 min, the travel time on link 1 is 110 min …

… within an EU framework; and, within a prospect theory framework, (2) loss weighting and
full … Of the five alternatives, only the prospect theory formulation with loss weighting and no …

… prospect theory, many presumed canonical theories have … , 19 countries, 13 languages),
adjusting only for current and local … Because we aimed to collect data from a minimum of 15 …

… ’s flag with the simplest available mathematical functions and a minimal amount of algebraic
… , which in turn is a function of its nominal value, adjusted by the subjective weight assigned …

… This paper reports a prospect theory-based consensus model … prospect theory. The attribute
values are transformed into the … a prospect consensus model with minimal adjustment. In the …