Weighted utility models attempt to account for risk preferences in terms of an expectation-like equation applied to the subjective evaluation of probabilities and outcomes, while Portfolio theory assumes that risk preference is a function of expected value and perceived risk. A pair of empirical predictions which contrasts Portfolio theory with all weighted utility models is derived and tested....

Abstract This article makes the counterintuitive argument that millennia-old approach of Jewish law to regulating surveillance, protecting communications, and governing collection use information offers important frameworks for privacy in an age big data pervasive surveillance. The modern has not succeeded. Notions individual “rights be let alone” “informational self-determination” offer little...

1 Institute of Marine and Environmental Technology, Baltimore, MD, USA 2 University of Maryland School of Medicine, Baltimore, MD, USA 3 Department of Biomolecular Engineering, University of California, Santa Cruz, CA, USA 4 National Institute of Standards and Technology, Gaithersburg, MD, USA 5 Institute for Bioscience and Biotechnology Research, Rockville, MD, USA *Correspondence: zkelman@umd...