Understanding the attitude to risk implicit within a risk measure sheds some light on the way in which decision makers perceive losses. In this paper, a two-stage strategy is developed to characterize the underlying risk attitude involved in a risk evaluation, when executed by the family of distortion risk measures. First, we show that aggregation indicators defined for discrete Choquet integra...

This article uses data from survey questions fielded on the 2011 wave of the Cognitive Economics Study to uncover systematic errors in perceptions of income tax rates. First, when asked about the marginal tax rates (MTRs) for households in the top tax bracket, respondents underestimate the top MTR on wages and salary income, overestimate the MTR on dividend income, and therefore significantly u...

Current machine perception techniques that typically use segmentation followed by object recognition lack the required robustness to cope with the large variety of situations encountered in real-world navigation. Many existing techniques are brittle in the sense that even minor changes in the expected task environment (e.g., diierent lighting conditions, geometrical distortion, etc.) can severe...

In his article ”Musical emotions: Functions, origins, evolution”[1], Perlovsky explains ”concept-models” with the analogy of the projection of memories and representations onto the visual cortex. He postulates the principle of ”knowledge instinct” that aims at matching concept-models to the surroundings. According to Perlovsky, this instinct causes emotions, satisfaction or dissatisfaction, dep...

The idea of cause and effect is often assumed to originate in prolonged learning. However, the present findings suggest that 27-week-old infants may already perceive a cause-effect relationship. Reversal of an apparently causal event (direct launching) produced more recovery of attention following habituation than the reversal of a similar but apparently non-causal event (delayed reaction). In ...

Perception is used to gather information that an agent needs in order to have the accurate internal representation of the external world that it requires so that it can make good planning decisions. Such information gathering is a planning task like any other, and perception is not the only method by which it can be carried out. Acts of perception should therefore be treated no differently from...

Humans perceive a stable average intensity image without flicker artifacts when a television or monitor updates at a sufficiently fast rate. This rate, known as the critical flicker fusion rate, has been studied for both spatially uniform lights, and spatio-temporal displays. These studies have included both stabilized and unstablized retinal images, and report the maximum observable rate as 50...

BACKGROUND Many African American men have two major risk factors for prostate cancer. By ethnicity alone, they have twice the risk of Euro-American men of developing prostate cancer. Having a family history (brother or father with prostate cancer) also doubles their risk. The major hypotheses tested in this study are that men with a family history perceive their risk to be higher, are more worr...