Using Insights from Prospect Theory to Enhance Sustainable Decision Making by Agribusinesses in Argentina

Social Decision - Making : Insights from Game Theory

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A Descriptive Decision-making Model of Patients’ Treatment Decision Using Dempster-shafer Theory and Prospect Theory

This paper explains our proposed descriptive decision-making model under uncertainty elucidating different decision attitudes of humans. In this decision-making model, Dempster-Shafer Theory (DST) is used to represent uncertainty of the problem and the uncertainty is approximated by a probability distribution depending on the decision-makers’ attitude towards uncertainty. Prospect theory is the...

Using Emotions to Enhance Decision-Making

We present a novel methodology for decisionmaking by computer agents that leverages a computational concept of emotions. It is believed that emotions help living organisms perform well in complex environments. Can we use them to improve the decision-making performance of computer agents? We explore this possibility by formulating emotions as mathematical operators that serve to update the relat...

decision-making in australia’s healthcare system and insights from complex adaptive systems theory

An extended hesitant group decision-making technique based on the prospect theory for emergency situations

Throughout the present manuscript, we are going to introduce a novel group emergency decision-making technique in which the application of prospect theory explains the psychological behaviour of the decision maker who is affected by the hesitancy and uncertainty of cognition in decision making problems.\Instead of usual aggregation procedure, we implement here a new fusion technique that ...