Results for 'decision theory, descriptive'

998 found
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  1.  4
    Behavioral Decision Theory: Psychological and Mathematical Descriptions of Human Choice Behavior.Kazuhisa Takemura - 2014 - Tokyo: Springer.
    This book provides an overview of behavioral decision theory and related research findings. In brief, behavioral decision theory is a general term for descriptive theories to explain the psychological knowledge related to decision-making behavior. It is called a theory, but actually it is a combination of various psychological theories, for which no axiomatic systems, such as the utility theory widely used in economics, have been established; it is often limited to qualitative knowledge. However, as suggested in (...)
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  2. Decision Theory.Lara Buchak - 2016 - In Alan Hájek & Christopher Hitchcock (eds.), The Oxford Handbook of Probability and Philosophy. Oxford: Oxford University Press.
    Decision theory has at its core a set of mathematical theorems that connect rational preferences to functions with certain structural properties. The components of these theorems, as well as their bearing on questions surrounding rationality, can be interpreted in a variety of ways. Philosophy’s current interest in decision theory represents a convergence of two very different lines of thought, one concerned with the question of how one ought to act, and the other concerned with the question of what (...)
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  3.  56
    Descriptive Decision Theory.Jake Chandler - 2017 - The Stanford Encyclopaedia of Philosophy.
  4. Causal Decision Theory and the Fixity of the Past.Arif Ahmed - 2014 - British Journal for the Philosophy of Science 65 (4):665-685.
    Causal decision theory (CDT) cares only about the effects of a contemplated act, not its causes. The article constructs a case in which CDT consequently recommends a bet that the agent is certain to lose, rather than a bet that she is certain to win. CDT is plainly giving wrong advice in this case. It therefore stands refuted. 1 The Argument2 The Argument in More Detail2.1 The betting mechanism2.2 Soft determinism2.3 The content of P 2.4 The argument again3 The (...)
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  5. Wishing, Decision Theory, and Two-Dimensional Content.Kyle Blumberg - 2023 - Journal of Philosophy 120 (2):61-93.
    This paper is about two requirements on wish reports whose interaction motivates a novel semantics for these ascriptions. The first requirement concerns the ambiguities that arise when determiner phrases, such as definite descriptions, interact with ‘wish’. More specifically, several theorists have recently argued that attitude ascriptions featuring counterfactual attitude verbs license interpretations on which the determiner phrase is interpreted relative to the subject’s beliefs. The second requirement involves the fact that desire reports in general require decision-theoretic notions for their (...)
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  6. An introduction to decision theory.Martin Peterson - 2009 - Cambridge University Press.
    This up-to-date introduction to decision theory offers comprehensive and accessible discussions of decision-making under ignorance and risk, the foundations of utility theory, the debate over subjective and objective probability, Bayesianism, causal decision theory, game theory, and social choice theory. No mathematical skills are assumed, and all concepts and results are explained in non-technical and intuitive as well as more formal ways. There are over 100 exercises with solutions, and a glossary of key terms and concepts. An emphasis (...)
  7. Law-Abiding Causal Decision Theory.Timothy Luke Williamson & Alexander Sandgren - 2023 - British Journal for the Philosophy of Science 74 (4):899-920.
    In this paper we discuss how Causal Decision Theory should be modified to handle a class of problematic cases involving deterministic laws. Causal Decision Theory, as it stands, is problematically biased against your endorsing deterministic propositions (for example it tells you to deny Newtonian physics, regardless of how confident you are of its truth). Our response is that this is not a problem for Causal Decision Theory per se, but arises because of the standard method for assessing (...)
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  8.  53
    Why Decision Theory Remains Constructively Incomplete.Luc Lauwers - 2016 - Mind 125 (500):1033-1043.
    The existence of a transitive, complete, and weakly independent relation on the full set of gambles implies the existence of a non-Ramsey set. Therefore, each transitive and weakly independent relation on the set of gambles either is incomplete or does not have an explicit description. Whatever tools decision theory makes available, there will always be decision problems where these tools fail us. In this sense, decision theory remains incomplete.
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  9.  4
    Decision Theory and Degree of Belief.Piers Rawling - 2003 - In Stephen P. Turner & Paul A. Roth (eds.), The Blackwell Guide to the Philosophy of the Social Sciences. Oxford, UK: Blackwell. pp. 110–142.
    This chapter contains sections titled: The Theory of von Neumann and Morgenstern Rational Choice Theory Prescription and Description Ramsey's Theory Dutch Books and the Epistemic Objection Savage's Theory What is Preference and Why is it More Basic than Qualitative Probability? Context Freedom and the Transitivity of Preference The Causal Independence of Acts and Events The Constant Act Problem Allais's and Ellsberg's Examples Conclusion.
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  10.  55
    On the psychology of playing blackjack: Normative and descriptive considerations with implications for decision theory.Gideon B. Keren & Willem A. Wagenaar - 1985 - Journal of Experimental Psychology 114 (2):133-158.
  11. On the interpretation of decision theory.Samir Okasha - 2016 - Economics and Philosophy 32 (3):409-433.
    :This paper explores the contrast between mentalistic and behaviouristic interpretations of decision theory. The former regards credences and utilities as psychologically real, while the latter regards them as mere representations of an agent's preferences. Philosophers typically adopt the former interpretation, economists the latter. It is argued that the mentalistic interpretation is preferable if our aim is to use decision theory for descriptive purposes, but if our aim is normative then the behaviouristic interpretation cannot be dispensed with.
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  12.  31
    Decision Theory, Relative Plausibility and the Criminal Standard of Proof.Alex Biedermann, David Caruso & Kyriakos N. Kotsoglou - 2020 - Criminal Law and Philosophy 15 (2):131-157.
    The evolution of the understanding of evidence-based proof and decision processes in the law, especially criminal law, and standards of proof in this area, has a long-standing and controversial history. Competing accounts cause the legal scholarship to engage in critical and thoughtful exchanges. Some of the divergent views reflect different methodological perspectives similarly recognized in other fields, such as applied psychology and economy, and the broader interdisciplinary research fields of judgment and decision-making, system analysis and decision science. (...)
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  13.  47
    On The Descriptive Adequacy of Levi's Decision Theory.Patrick Maher & Yoshihisa Kashima - 1991 - Economics and Philosophy 7 (1):93-100.
  14. On the descriptive adequacy of lews decision theory.Patrick Mahs - forthcoming - Economics and Philosophy.
  15. On an alleged counter-example to causal decision theory.John Cantwell - 2010 - Synthese 173 (2):127-152.
    An alleged counterexample to causal decision theory, put forward by Andy Egan, is studied in some detail. It is argued that Egan rejects the evaluation of causal decision theory on the basis of a description of the decision situation that is different from—indeed inconsistent with—the description on which causal decision theory makes its evaluation. So the example is not a counterexample to causal decision theory. Nevertheless, the example shows that causal decision theory can recommend (...)
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  16.  27
    Essays on the Interpretation of Decision Theory.Ziming Song - 2019 - Dissertation, University of Oklahoma
    Decision theory aims at explaining and predicting rational choice behavior. But ample empirical evidence suggests that descriptively, people’s actual choices do not conform to its predictions in various ways. Some of the counter-evidence, such as anomaly cases proposed by Amartya Sen, challenges even the normative adequacy of decision theory. My dissertation defends it as a normative theory while also offering a novel explanation of why it fails descriptively. Contrary to the Sen-style critique, I argue that decision theory (...)
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  17. Ethical Decision-Making Theory: An Integrated Approach.Mark S. Schwartz - 2016 - Journal of Business Ethics 139 (4):755-776.
    Ethical decision-making descriptive theoretical models often conflict with each other and typically lack comprehensiveness. To address this deficiency, a revised EDM model is proposed that consolidates and attempts to bridge together the varying and sometimes directly conflicting propositions and perspectives that have been advanced. To do so, the paper is organized as follows. First, a review of the various theoretical models of EDM is provided. These models can generally be divided into rationalist-based ; and non-rationalist-based. Second, the proposed (...)
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  18. Decision Procedures, Moral Criteria, and the Problem of Relevant Descriptions in Kant's Ethics.Mark Timmons - 1997 - In B. Sharon Byrd, Joachim Hruschka & Jan C. Joerdan (eds.), Jahrbuch Für Recht Und Ethik. Duncker Und Humblot.
    I argue that the Universal Law formulation of the Categorical Imperative is best interpreted as a test or decision procedure of moral rightness and not as a criterion intended to explain the deontic status of actions. Rather, the Humanity formulation is best interpreted as a moral criterion. I also argue that because the role of a moral criterion is to explain, and thus specify what makes an action right or wrong, Kant's Humanity formulation yields a theory of relevant descriptions.
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  19. Nigel Howard.A. Piaget1an Approach To Decision - 1978 - In A. Hooker, J. J. Leach & E. F. McClennen (eds.), Foundations and Applications of Decision Theory. D. Reidel. pp. 205.
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  20.  87
    A descriptive multi-attribute utility model for everyday decisions.Jie W. Weiss, David J. Weiss & Ward Edwards - 2010 - Theory and Decision 68 (1-2):101-114.
    We propose a descriptive version of the classical multi-attribute utility model; to that end, we add a new parameter, momentary salience, to the customary formulation. The addition of this parameter allows the theory to accommodate changes in the decision maker’s mood and circumstances, as the saliencies of anticipated consequences are driven by concerns of the moment. By allowing for the number of consequences given attention at the moment of decision to vary, the new model mutes the criticism (...)
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  21. Moral theory in ethical decision making: Problems, clarifications and recommendations from a psychological perspective. [REVIEW]Maureen Miner & Agnes Petocz - 2003 - Journal of Business Ethics 42 (1):11-25.
    Psychological theory and research in ethical decision making and ethical professional practice are presently hampered by a failure to take appropriate account of an extensive background in moral philosophy. As a result, attempts to develop models of ethical decision making are left vulnerable to a number of criticisms: that they neglect the problems of meta-ethics and the variety of meta-ethical perspectives; that they fail clearly and consistently to differentiate between descriptive and prescriptive accounts; that they leave unexplicated (...)
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  22.  52
    Normative theory in decision making and moral reasoning.Natalie Gold, Andrew M. Colman & Briony D. Pulford - 2011 - Behavioral and Brain Sciences 34 (5):256-257.
    Normative theories can be useful in developing descriptive theories, as when normative subjective expected utility theory is used to develop descriptive rational choice theory and behavioral game theory. questions are also the essence of theories of moral reasoning, a domain of higher mental processing that could not survive without normative considerations.
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  23.  40
    Do moral development levels of the nurses affect their ethical decision making? A descriptive correlational study.Sümeyye Arslan, Sinem Türer Öztik & Nevin Kuzu Kurban - 2021 - Clinical Ethics 16 (1):9-16.
    Background In the globalizing world, nurses often meet humans from different cultures and values. This fact has led them to make ethical decisions, which do not comply with their own moral jurisdictions at care setting. Objectives The objective of the study was to investigate the relationships between moral development levels of the nurses and their scores of nursing principled thinking and practical consideration during decision making for ethical dilemmas. Methods This was a descriptive correlational study. Nursing Dilemma Test, (...)
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  24. Embodied Decisions and the Predictive Brain.Christopher Burr - 2016 - Dissertation, University of Bristol
    Decision-making has traditionally been modelled as a serial process, consisting of a number of distinct stages. The traditional account assumes that an agent first acquires the necessary perceptual evidence, by constructing a detailed inner repre- sentation of the environment, in order to deliberate over a set of possible options. Next, the agent considers her goals and beliefs, and subsequently commits to the best possible course of action. This process then repeats once the agent has learned from the consequences of (...)
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  25.  7
    Schelling's Game Theory: How to Make Decisions.Robert V. Dodge - 2012 - Oxford University Press USA.
    Thomas Schelling, who wrote the foreword for this book, won the Nobel Prize in economics for "having enhanced our understanding of conflict and cooperation through game-theory analysis." This came after he had taught a course in game theory and rational choice to advanced students and government officials for 45 years. In this book, Robert Dodge provides in language for a broad audience, the concepts that Schelling taught. Armed with Schelling's understanding of game theory methods and his approaches to problems, the (...)
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  26.  33
    A peace treaty for the rationality wars? External validity and its relation to normative and descriptive theories of rationality.Annika Wallin - unknown
    If we know that certain ways of making decisions are associated with real-life success, is this then how we should decide? In this paper the relationship between normative and descriptive theories of decision-making is examined. First, it is shown that the history of the decision sciences ensures that it is impossible to separate descriptive theories from normative ones. Second, recent psychological research implies new ways of arguing from the descriptive to the normative. The paper ends (...)
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  27. Descriptive Complexity, Computational Tractability, and the Logical and Cognitive Foundations of Mathematics.Markus Pantsar - 2020 - Minds and Machines 31 (1):75-98.
    In computational complexity theory, decision problems are divided into complexity classes based on the amount of computational resources it takes for algorithms to solve them. In theoretical computer science, it is commonly accepted that only functions for solving problems in the complexity class P, solvable by a deterministic Turing machine in polynomial time, are considered to be tractable. In cognitive science and philosophy, this tractability result has been used to argue that only functions in P can feasibly work as (...)
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  28.  8
    Just Interpretations: Law Between Ethics and Politics.Michel Rosenfeld & Professor of Human Rights and Director Program on Global and Comparative Constitutional Theory Michel Rosenfeld - 1998 - Univ of California Press.
    "An important contribution to contemporary jurisprudential debate and to legal thought more generally, Just Interpretations is far ahead of currently available work."--Peter Goodrich, author of Oedipus Lex "I was struck repeatedly by the clarity of expression throughout the book. Rosenfeld's description and criticism of the recent work of leading thinkers distinguishes his work within the legal theory genre. Furthermore, his own theory is quite original and provocative."--Aviam Soifer, author of Law and the Company We Keep.
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  29.  19
    Normative decision analysis in forensic science.A. Biedermann, S. Bozza & F. Taroni - 2020 - Artificial Intelligence and Law 28 (1):7-25.
    This paper focuses on the normative analysis—in the sense of the classic decision-theoretic formulation—of decision problems that arise in connection with forensic expert reporting. We distinguish this analytical account from other common types of decision analyses, such as descriptive approaches. While decision theory is, since several decades, an extensively discussed topic in legal literature, its use in forensic science is more recent, and with an emphasis on goals such as the analysis of the logical structure (...)
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  30.  17
    Russell's Contribution to Philosophy of Language [review of Graham Stevens, The Theory of Descriptions: Russell and the Philosophy of Language ].Connelly James - 2013 - Russell: The Journal of Bertrand Russell Studies 33 (1):85-94.
    In lieu of an abstract, here is a brief excerpt of the content:Reviews 85 RUSSELL’S CONTRIBUTION TO PHILOSOPHY OF LANGUAGE James Connelly Philosophy, Trent U. Peterborough, on k9l 1z6, Canada [email protected] Graham Stevens. The Theory of Descriptions: Russell and the Philosophy of Language. Basingstoke, uk: Palgrave Macmillan, 2011. Pp. xiii, 197. isbn: 978-0230 -20116-3. £50; us$85. ver the past decade, Graham Stevens has built his reputation as a lucid, durable, and oftentimes ground-breaking historian of analytic philosophy. His latest book, entitled (...)
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  31.  12
    Rationality, decisions and large worlds.Mareile Drechsler - 2012 - Dissertation, London School of Economics
    Taking Savage's subjective expected utility theory as a starting point, this thesis distinguishes three types of uncertainty which are incompatible with Savage's theory for small worlds: ambiguity, option uncertainty and state space uncertainty. Under ambiguity agents cannot form a unique and additive probability function over the state space. Option uncertainty exists when agents cannot assign unique consequences to every state. Finally, state space uncertainty arises when the state space the agent constructs is not exhaustive, such that unforeseen contingencies can occur. (...)
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  32.  40
    The Generalized Means Model for non-deterministic decision making: Its normative and descriptive power, including sketch of the representation theorem.Hector A. Munera - 1985 - Theory and Decision 18 (2):173-202.
  33.  13
    Physicians’ views on the role of relatives in euthanasia and physician-assisted suicide decision-making: a mixed-methods study among physicians in the Netherlands.H. Roeline Pasman, Agnes van der Heide, Bregje D. Onwuteaka-Philipsen & Sophie C. Renckens - 2024 - BMC Medical Ethics 25 (1):1-14.
    BackgroundRelatives have no formal position in the practice of euthanasia and physician-assisted suicide (EAS) according to Dutch legislation. However, research shows that physicians often involve relatives in EAS decision-making. It remains unclear why physicians do (not) want to involve relatives. Therefore, we examined how many physicians in the Netherlands involve relatives in EAS decision-making and explored reasons for (not) involving relatives and what involvement entails.MethodsIn a mixed-methods study, 746 physicians (33% response rate) completed a questionnaire, and 20 were (...)
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  34.  15
    Ethical Decision-Making by Staff Nurses.Katharine Vogel Smith - 1996 - Nursing Ethics 3 (1):17-25.
    Ethical decision-making is inherent in nursing practice. Although a definite portion of the nursing literature is devoted to ethics and ethical decision-making, the profession is just beginning to ground its ethics research in the actual experience of nurses. Therefore, the purpose of this phenomenological study was to examine the experience of staff nurses as they engage in ethical decision-making. Interview data were collected from 19 staff nurses in a large, midwestern American metropolitan hospital. Interviews were subse quently (...)
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  35.  21
    Descriptive Uncertainty and Maximizing Expected Choice-Worthiness.Andrew Kernohan - 2020 - Ethical Theory and Moral Practice 24 (1):197-211.
    A popular model of normative decision-making under uncertainty suggests choosing the option with the maximum expected moral choice-worthiness, where the choice-worthiness values from each moral theory, which are assumed commensurable, are weighted by credence and combined. This study adds descriptive uncertainty about the non-moral facts of a situation into the model by treating choice-worthiness as a random variable. When agents face greater descriptive uncertainty, the choice-worthiness random variable will have a greater spread and a larger standard deviation. (...)
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  36.  24
    Argumentation, decision and rationality.Fabio Paglieri - unknown
    From a decision theoretic perspective, arguments stem from decisions made by arguers. Despite some promising results, this approach remains underdeveloped in argumentation theories, mostly because it is assumed to be merely descriptive. This assumption is mistaken: considering arguments as the product of decisions brings into play various normative models of rational choice. The challenge is rather to reconcile strategic rationality with other normative constraints relevant for argumentation, such as inferential validity and dialectical appropriateness.
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  37.  6
    Norms and descriptions.Niklas Vareman - 2008 - Decision Analysis 5 (2):57-111.
    The problem addressed in this text is the problem of identifying conditions according to which it is possible to distinguish between a descriptive theory and a normative theory. What makes a descriptive theory descriptive and a normative theory normative? Focus is on subjective expected utility theories where it seems open to debate whether the appropriate use is normative or descriptive. My discussion, which takes arguments by Isaac Levi and Hugh Mellor as a point of departure, is (...)
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  38.  15
    Patient decision‐making for clinical genetics.Gwen Anderson - 2007 - Nursing Inquiry 14 (1):13-22.
    Medicine is incorporating genetic services into all avenues of health‐care, ranging from the rarest to the most common diseases. Cognitive theories of decision‐making still dominate professionals’ understanding of patient decision‐making about how to use genetic information and whether to have testing. I discovered a conceptual model of decision‐making while carrying out a phenomenological‐hermeneutic descriptive study of a convenience sample of 12 couples who were interviewed while deciding whether to undergo prenatal genetic testing.Thirty‐two interviews were conducted with (...)
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  39.  51
    Autonomous Decision Making and Moral capacities.Albine Moser, Rob Houtepen, Harry van der Bruggen, Cor Spreeuwenberg & Guy Widdershoven - 2009 - Nursing Ethics 16 (2):203-218.
    This article examines how people with type 2 diabetes perceive autonomous decision making and which moral capacities they consider important in diabetes nurses' support of autonomous decision making. Fifteen older adults with type 2 diabetes were interviewed in a nurse-led unit. First, the data were analysed using the grounded theory method. The participants described a variety of decision-making processes in the nurse and family care-giver context. Later, descriptions of the decision-making processes were analysed using hermeneutic text (...)
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  40.  14
    Time, Mechanisms and Technology: Challenges of Abstraction and Decision in Realist Economic Theory.Mark William Johnson - 2013 - Revue de Philosophie Économique 14 (1):105-123.
    Résumé Cet article soutient que la causalité au sens humien (mettant en relief la succession) qui fut la principale cible des critiques du Réalisme Critique de Bhaskar, demeure très présente dans le concept même de “mécanisme”. En effet, le concept de mécanisme implique une abstraction newtonienne du temps ignorée par le Réalisme Critique. Il s’agit cependant d’un problème plus large d’abstraction mécaniste, que cet article analyse simultanément sous l’angle du Réalisme Critique et de la discipline ayant pour objet l’étude des (...)
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  41.  87
    A Theory of Shopping.Daniel Miller - 2013 - Wiley.
    A Theory of Shopping offers a highly original perspective on one of our most basic everyday activities - shopping. We commonly assume that shopping is primarily concerned with individuals and materialism. But Miller rejects this assumption and follows the surprising route of analysing shopping by means of an analogy with anthropological studies of sacrificial ritual. He argues that the act of purchasing goods is almost always linked to other social relations, and most especially those based on love and care. The (...)
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  42. Transitivity, the Sorites Paradox, and Similarity-Based Decision-making.Alex Voorhoeve & Ken Binmore - 2006 - Erkenntnis 64 (1):101-114.
    A persistent argument against the transitivity assumption of rational choice theory postulates a repeatable action that generates a significant benefit at the expense of a negligible cost. No matter how many times the action has been taken, it therefore seems reasonable for a decision-maker to take the action one more time. However, matters are so fixed that the costs of taking the action some large number of times outweigh the benefits. In taking the action some large number of times (...)
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  43.  58
    Aristotle on Practical Rationality: Deliberation, Preference-Ranking, and the Imperfect Decision-Making of Women.Van Tu - 2020 - Dissertation, University of Michigan, Ann Arbor
    We have it on the authority of Aristotle that “reason (nous) is the best thing in us” (EN X.7, 1177a20). This idealization of reason permeates his account of eudaimonia, a term commonly translated as ‘happiness’, which Aristotle identifies with living and doing well (EN I.4, 1095a18-20). In harmony with a certain intellectualism peculiar to the mainstream of ancient philosophical accounts of eudaimonia, Aristotle holds that living well requires the unique practical application of rationality of which only humans are capable (EN (...)
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  44.  17
    Prospect theory in multiple price list experiments: further insights on behaviour in the loss domain.Géraldine Bocquého, Julien Jacob & Marielle Brunette - 2023 - Theory and Decision 94 (4):593-636.
    In the theoretical description of prospect theory, distinct sets of parameters can control the curvature of the value function and the shape of the probability weighting function. There is one for the gain domain and one for the loss domain. However, in most estimations, behaviour over losses is assumed to perfectly reflect behaviour over gains, through a unique set of parameters. We examine the consequences of relaxing this simplifying assumption in the context of Tanaka et al.’s (Am Econ Rev 100(1):557–571, (...)
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  45.  98
    Laws Are Not Descriptions.Federico Laudisa - 2015 - International Studies in the Philosophy of Science 29 (3):251-270.
    The view that takes laws of nature to be essentially nothing more than descriptions of facts is still rather popular. The present article, on the contrary, defends the claim that the only real motivation for defending a descriptive view of laws—the quest for ontological parsimony—entails too high a price to pay in philosophical terms. It is argued that nomic primitivism, namely the alternative option that takes laws to be primitive fundamental entities in our ontology, is decisively more appealing, since (...)
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  46.  15
    Feedback Influences Discriminability and Attractiveness Components of Probability Weighting in Descriptive Choice Under Risk.Shruti Goyal & Krishna P. Miyapuram - 2019 - Frontiers in Psychology 10:450108.
    Our understanding of the decisions made under scenarios where both descriptive and experience-based information are available is very limited. Underweighting of small probabilities was observed in the gain domain when both description and experience were provided. The divergence observed from the prospect theory suggests a need for a separate or modified theory of decision making under risk. Recent studies suggest a possible role of probability weighting in the choice behaviour under risk. We investigated both gain and loss domains (...)
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  47.  8
    Russell versus Donnellan on Descriptions.W. J. Pollock - 2022 - Russell: The Journal of Bertrand Russell Studies 42 (1):40-51.
    The paper argues that Donnellan’s distinction between the referential and attributive uses of definite descriptions, whilst a genuine feature of language, does not count against Russell’s Theory of Descriptions where Russell’s theory is regarded as a theory of the semantics of descriptions and not the pragmatics of individual uses on a particular occasion. The argument I shall present is simple but decisive and ought to resolve once and for all the debate about the significance of Donnellan’s distinction for Russell’s theory, (...)
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  48.  8
    A simple non-parametric method for eliciting prospect theory's value function and measuring loss aversion under risk and ambiguity.Pavlo Blavatskyy - 2021 - Theory and Decision 91 (3):403-416.
    Prospect theory emerged as one of the leading descriptive decision theories that can rationalize a large body of behavioral regularities. The methods for eliciting prospect theory parameters, such as its value function and probability weighting, are invaluable tools in decision analysis. This paper presents a new simple method for eliciting prospect theory’s value function without any auxiliary/simplifying parametric assumptions. The method is applicable both to choice under ambiguity (Knightian uncertainty) and risk (when events are characterized by objective (...)
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  49. Does MITE Make Right?: On Decision-Making under Normative Uncertainty.Brian Hedden - 2016 - Oxford Studies in Metaethics 11:102-128.
    We typically have to act under uncertainty. We can be uncertain about the relevant descriptive facts, but also about the relevant normative facts. However, the search for a theory of decision-making under normative uncertainty is doomed to failure. First, the most natural proposal for what to do given normative uncertainty faces two devastating problems. Second, the motivations for wanting a theory of what to do given descriptive uncertainty do not carry over to normative uncertainty. Descriptive facts (...)
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  50.  15
    Life and Death Decisions and COVID‐19: Investigating and Modeling the Effect of Framing, Experience, and Context on Preference Reversals in the Asian Disease Problem.Shashank Uttrani, Neha Sharma & Varun Dutt - 2022 - Topics in Cognitive Science 14 (4):800-824.
    Prior research in judgment and decision making (JDM) has investigated the effect of problem framing on human preferences. Furthermore, research in JDM documented the absence of such reversal of preferences when making decisions from experience. However, little is known about the effect of context on preferences under the combined influence of problem framing and problem format. Also, little is known about how cognitive models would account for human choices in different problem frames and types (general/specific) in the experience format. (...)
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