Hierarchical Bayesian parameter estimation for cumulative prospect theory
From MaRDI portal
Publication:631949
DOI10.1016/j.jmp.2010.08.006zbMath1208.91038OpenAlexW2083694075MaRDI QIDQ631949
Eric‐Jan Wagenmakers, Håkan Nilsson, Jörg Rieskamp
Publication date: 14 March 2011
Published in: Journal of Mathematical Psychology (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jmp.2010.08.006
Bayesian inference (62F15) Decision theory (91B06) Empirical decision procedures; empirical Bayes procedures (62C12)
Related Items (16)
Composition rules in original and cumulative prospect theory ⋮ Erratum to: ``Hierarchical Bayesian parameter estimation for cumulative prospect theory ⋮ Violations of coalescing in parametric utility measurement ⋮ The valuation ``by-tranche of composite investment instruments ⋮ A hierarchical Bayesian framework for force field selection in molecular dynamics simulations ⋮ All at once! A comprehensive and tractable semi-parametric method to elicit prospect theory components ⋮ The correct formula of 1979 prospect theory for multiple outcomes ⋮ How cognitive modeling can benefit from hierarchical Bayesian models ⋮ Hierarchical models of simple mechanisms underlying confidence in decision making ⋮ A hierarchical state space approach to affective dynamics ⋮ Cognitive model decomposition of the BART: assessment and application ⋮ A tutorial on approximate Bayesian computation ⋮ A cumulative prospect theory explanation of gamblers cashing-out ⋮ Certainty-based marking on multiple-choice items: psychometrics meets decision theory ⋮ Bayesian estimation of multinomial processing tree models with heterogeneity in participants and items ⋮ Hierarchical Bayesian analysis of biased beliefs and distributional other-regarding preferences
Uses Software
Cites Work
- Unnamed Item
- Unnamed Item
- Hierarchical models of simple mechanisms underlying confidence in decision making
- Cognitive model decomposition of the BART: assessment and application
- Cumulative prospect theory's functional menagerie
- A statistical model for discriminating between subliminal and near-liminal performance
- Hierarchical multinomial processing tree models: a latent-trait approach
- Bayesian parameter estimation in the Expectancy Valence model of the Iowa gambling task
- Transitive measurable utility
- Advances in prospect theory: cumulative representation of uncertainty
- Tutorial on maximum likelihood estimation
- Inference from iterative simulation using multiple sequences
- Expected utility theory and prospect theory: One wedding and a decent funeral
- Modeling individual differences using Dirichlet processes
- Signal detection models with random participant and item effects
- Problematic effects of aggregation in \(z\)ROC analysis and a hierarchical modeling solution
- Bayesian Modeling Using WinBUGS
- Disappointment in Decision Making Under Uncertainty
- Regret in Decision Making under Uncertainty
- Prospect Theory: An Analysis of Decision under Risk
- The Predictive Utility of Generalized Expected Utility Theories
- Myopic Loss Aversion and the Equity Premium Puzzle
- A further examination of cumulative prospect theory parameterizations
This page was built for publication: Hierarchical Bayesian parameter estimation for cumulative prospect theory