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A Novel TODIM with Probabilistic Hesitant Fuzzy Information and Its Application in Green Supplier Selection
Published 2020-01-01“…TODIM is a well-known multiple-criteria decision-making (MCDM) which considers the bounded rationality of decision makers (DMs) based on prospect theory (PT). However, in the classical TODIM, the perceived probability weighting function and the difference of the risk attitudes for gains and losses are not consistent with the original idea of PT. …”
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22
Location Decision-Making of Equipment Manufacturing Enterprise under Dual-Channel Purchase and Sale Mode
Published 2018-01-01“…In the single-plant location decision problem, we have established the conceptual model and mathematical model. Based on prospect theory, we use multicriteria decision-making method to quantify and standardize the evaluation index and determine the reference value, and the priority of the scheme is determined according to the final comprehensive value. …”
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23
Optimal Allocation Method of Discrete Manufacturing Resources for Demand Coordination between Suppliers and Customers in a Fuzzy Environment
Published 2018-01-01“…Then, we use the prospect theory to optimize the constraint indicators based on the language evaluation of customers and suppliers. …”
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24
Research on Chaotic Characteristics of Cascade Failure in Rail Transit Networks considering Nonlinear Load Fluctuations
Published 2024-01-01“…A single- and dual-parameter coupling analysis of chaotic evolution parameters and prospect theory parameters are conducted. Taking the RTN in the Chengdu metropolitan area as an example, both the static characteristics and cascading failure features of the network are analyzed. …”
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25
Evolutionary Game Analysis of Firms’ Technological Strategic Choices: A Perspective of the Behavioral Biases
Published 2021-01-01“…First, behavioral biases such as reference point dependence, loss aversion, and probability weighting can be defined and modeled based on the prospect theory. Second, according to the firm theory, a Cournot or Stackelberg game modeled with a technology spillover effect and intellectual property protection is applied to portray the interaction between firms. …”
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26
Travel Choice Behavior Model Based on Mental Accounting of Travel Time and Cost
Published 2021-01-01“…For verification, the nonlinear correlation coefficient and hit rate are used to compare the proposed MA-TC model with the other two models: (1) the classical prospect theory with travel time and cost (PT-TC model) and (2) mental accounting based on the original hedonic editing criterion (MA-HE model). …”
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27
Situation Awareness-Based Safety Assessment Method for Human–Autonomy Interaction Process Considering Anchoring and Omission Biases
Published 2025-01-01“…In SAB-TDM, SA perception and comprehension affected by anchoring bias are quantified with the Adaptive Control of Thought-Rational (ACT-R) theory and Anchoring Adjustment Model (AAM); behavioral utility prediction affected by omission bias is quantified with Prospect Theory. Second, guided by SAB-TDM, a dynamic Bayesian network is used to assess HAIP safety. …”
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28
An Extended Car-Following Model in Connected and Autonomous Vehicle Environment: Perspective from the Cooperation between Drivers
Published 2021-01-01“…The model considers the cooperation between drivers by reformulating the prospect theory (PT). The root mean square percentage error (RMSPE) is selected to calibrate and validate the parameters of the proposed model, and the results show that there is significant heterogeneity between CAVs and HDVs in mixed traffic, and the proposed model captures this heterogeneity well. …”
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Impact of attention on rare events across industries in Indonesia
Published 2024-04-01“…The primary model was based on three factors originating from the Fama-French and prospect theory, with attention serving as the main risk element to assess the impact of attention on abnormal returns (AR) during RE. …”
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Correlation Analysis of Japanese Literature and Psychotherapy Effects Based on an Equation Diagnosis Algorithm
Published 2022-01-01“…This paper takes the public and readers as different perspectives, based on the use and satisfaction theory and prospect theory, and uses interviews and questionnaires to study the communication effect of Japanese literature from the three dimensions of cognition, emotion, and behavior. …”
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31
Effect of Information Genotype on Investors' Inertia
Published 2024-12-01“…The "primacy effect" also indicates that investors are more sensitive to the first news published (Samal & Mohapatra, 2020). Furthermore, prospect theory suggests that investors may remain in their current position and hold their stocks when bad news is published due to loss aversion (Cui & Zhang, 2022).The information processing theory posits that when investors are bombarded with large amounts of information, their cognitive limitations may prevent them from adequately analyzing the information, leading to suboptimal decision-making. …”
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The holistic view in forecasting: A conceptual framework to analyze and mitigate cost underestimation arising from optimism bias
Published 2025-12-01“…This research delves into the interplay between support and prospect theories, aiming to elucidate the underpinnings of biases in decision-making processes. …”
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EBOLA AND COVID-19 EPIDEMICS: A DISCOURSE ON NIGERIA’S FOREIGN POLICY RESPONSES
Published 2024-06-01“…This paper adopts complex interdependence and prospect theories as the framework of analysis. From the analysis the study revealed foreign policy measures adopted. …”
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