Cognitive Psychology Analyses of Risk Decision
This paper concentrated on how a decision subject find a proper reference value in a one-off decision. The methods we mentioned are different from standard viewpoint in statistic decision. Firstly, we applied utility theory and prospect theory into risk-adjusted value and set up a new model and get some practical parameters from the experiments. Secondly, according to qualitative coordinate model of psychology cognitive analyses, we qualified the risk-adjusted value. So we got an efficient objective mental weighting which can be used in risk-calculation. Finally, we redefined the risk-adjusted value. In this way, we constructed a useful method for decision subject to control the risk.
regret risk-adjusted value risk-adverse coefficient psychology cognitive structure
Yue Guo MaoTing Gao
Department of Computer Science, Shanghai Maritime University, Shanghai China
国际会议
The 1st International Conference on Risk Analysis and Crisis Response(首届风险分析与危机反应国际学术研讨会)
上海
英文
342-346
2007-09-25(万方平台首次上网日期,不代表论文的发表时间)