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New Paradoxes of Risky Decision Making that Refute Prospect Theories

New Paradoxes of Risky Decision Making that Refute Prospect Theories. Michael H. Birnbaum Fullerton, California, USA. Outline. I will review tests between Cumulative Prospect Theory (CPT) and Transfer of Attention eXchange (TAX) model.

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358 views • 29 slides

Warm-up Day of Ch. 6 Test

Warm-up Day of Ch. 6 Test. Explain when to use binompdf (n, p, k) versus geompdf (p, k). Both graphs above display p = 0.1. Explain why the graphs are different. # 4 from Practice Test. A game of chance involves rolling fair die. If the die shows a

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165 views • 5 slides

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New Paradoxes of Risky Decision Making that Refute Prospect Theories

Warm-up Day of Ch. 6 Test