Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible
textbook treatment of the way decisions are made both when we have the statistical …

In this paper, we consider a network whose route travel times are considered to be random
variables. In this scenario travellers choose their route, uncertain of the travel time they will …

The advancement of prefabricated buildings has become a prominent trend in the
construction sector. Disturbance events as a significant obstacle to the production of …

In liberalized electricity markets, empirical findings suggest that power plant investment
decision-making under uncertainty exhibits bounded rationality. This study leverages the …

Economic decision-makingof electric power system plays a vital role in the planning,
operation, and transaction of the electric power system. While the achievement of behavioral …

We present results from the first large-scale international survey on risk preferences,
conducted in 45 countries. We show substantial cross-country differences in risk aversion …

Privacy leakage resulting from information sharing in online social networks (OSNs) is a
serious concern for individuals. One of the culprits behind the problem is that existing …

The behaviourally based portfolio selection problem with investor's loss aversion and risk
aversion biases in portfolio choice under uncertainty is studied. The main results of this work …

Abstract Bernheim and Sprenger (2020, Econometrica; SB) claimed to experimentally falsify
rank dependence in prospect theory. This paper criticizes SB's results and novelty claims …

Since disturbance events such as equipment failure often occur in the production process of
machining workshop, the scheduling plan needs to be rescheduled. However, the existing …