메뉴 건너뛰기




Volumn 6, Issue 2, 2005, Pages 163-173

Towards multi-factor models of decision making and risk: A critique of Prospect Theory and related approaches, part II

Author keywords

Artificial intelligence; Complexity theory; Decision making; Psychology; Risk management

Indexed keywords


EID: 85015377694     PISSN: 15265943     EISSN: 09657967     Source Type: Journal    
DOI: 10.1108/15265940510585824     Document Type: Article
Times cited : (15)

References (48)
  • 1
    • 0034815512 scopus 로고    scopus 로고
    • Artificial intelligence and the evidentiary process: the challenges of formalism and computation
    • Alien, R. (2001), “Artificial intelligence and the evidentiary process: the challenges of formalism and computation”, Artificial Intelligence and Law, Vol. 9 No. 1, pp. 99-114.
    • (2001) Artificial Intelligence and Law , vol.9 , Issue.1 , pp. 99-114
    • Alien, R.1
  • 2
    • 0000940164 scopus 로고
    • Uncertainty and the evaluation of public investment decisions
    • Arrow, K. and Lind, R. (1970), “Uncertainty and the evaluation of public investment decisions”, The American Economic Review, Vol. 60 No. 3, pp. 364-78.
    • (1970) The American Economic Review , vol.60 , Issue.3 , pp. 364-378
    • Arrow, K.1    Lind, R.2
  • 3
    • 0037621893 scopus 로고    scopus 로고
    • Doctors’ decision processes in a drug prescription task: the validity of rating scales and think-aloud reports
    • Backlund, L., Skaner, Y., Montgomery, L., Bring, Y. and Strender, L. (2003), “Doctors’ decision processes in a drug prescription task: the validity of rating scales and think-aloud reports”, Organizational Behavior and Human Decision Processes, Vol. 91 No. 1, pp. 108-17.
    • (2003) Organizational Behavior and Human Decision Processes , vol.91 , Issue.1 , pp. 108-117
    • Backlund, L.1    Skaner, Y.2    Montgomery, L.3    Bring, Y.4    Strender, L.5
  • 4
    • 0034804712 scopus 로고    scopus 로고
    • Uncertain reasoning about agents’ beliefs and reasoning
    • Barnden, J. (2001), “Uncertain reasoning about agents’ beliefs and reasoning”, Artificial Intelligence and Law, Vol. 9 No. 2 and 3, pp. 115-52.
    • (2001) Artificial Intelligence and Law , vol.9 , Issue.2 and 3 , pp. 115-152
    • Barnden, J.1
  • 5
    • 0039472954 scopus 로고    scopus 로고
    • Evidence against rank-dependent utility theories: violations of cumulative independence, interval independence, stochastic dominance, and transitivity
    • Birnbaum, M.H., Fatten, J.N. and Lott, M.K. (1999), “Evidence against rank-dependent utility theories: violations of cumulative independence, interval independence, stochastic dominance, and transitivity”, Organizational Behavior and Human Decision Processes, Vol. 77 No. 2, pp. 44-83.
    • (1999) Organizational Behavior and Human Decision Processes , vol.77 , Issue.2 , pp. 44-83
    • Birnbaum, M.H.1    Fatten, J.N.2    Lott, M.K.3
  • 7
    • 85015375215 scopus 로고
    • “Mathematical foundation of risk measurement”, PhD dissertation, MIT Operations Research Center, Cambridge, MA
    • Cox, L. (1986), “Mathematical foundation of risk measurement”, PhD dissertation, MIT Operations Research Center, Cambridge, MA.
    • (1986)
    • Cox, L.1
  • 9
    • 0035644807 scopus 로고    scopus 로고
    • Using credible advice to overcome framing effects
    • Druckman, J. (2001), “Using credible advice to overcome framing effects”, Journal of Law, Economics and Organization, Vol. 17 No. 1, pp. 62-82.
    • (2001) Journal of Law, Economics and Organization , vol.17 , Issue.1 , pp. 62-82
    • Druckman, J.1
  • 11
    • 0141514047 scopus 로고    scopus 로고
    • The endowment effect, status quo bias and loss aversion: rational alternative explanation
    • Dupont, D. and Lee, G. (2002), “The endowment effect, status quo bias and loss aversion: rational alternative explanation”, Journal of Risk and Uncertainty, Vol. 25 No. 1, pp. 87-101.
    • (2002) Journal of Risk and Uncertainty , vol.25 , Issue.1 , pp. 87-101
    • Dupont, D.1    Lee, G.2
  • 12
    • 0032252483 scopus 로고    scopus 로고
    • Measuring the utility of losses by means of the trade-off method
    • Fennema, H. and Van Assen, M. (1999), “Measuring the utility of losses by means of the trade-off method”, Journal of Risk and Uncertainty, Vol. 17 No. 3, pp. 277-95.
    • (1999) Journal of Risk and Uncertainty , vol.17 , Issue.3 , pp. 277-295
    • Fennema, H.1    Van Assen, M.2
  • 13
    • 0004578098 scopus 로고    scopus 로고
    • The jury observation fallacy and the use of Bayesian networks to present probabilistic legal arguments
    • Fenton, N. and Neil, M. (2000), “The jury observation fallacy and the use of Bayesian networks to present probabilistic legal arguments”, Mathematics Today, Vol. 36 No. 6, pp. 180-7.
    • (2000) Mathematics Today , vol.36 , Issue.6 , pp. 180-187
    • Fenton, N.1    Neil, M.2
  • 14
    • 0001967344 scopus 로고
    • The effects of statistical training on thinking about everyday problems
    • Fong, G., Krantz, K. and Nisbett, R. (1986), “The effects of statistical training on thinking about everyday problems”, Cognitive Psychology, Vol. 18 No. 3, pp. 253-92.
    • (1986) Cognitive Psychology , vol.18 , Issue.3 , pp. 253-292
    • Fong, G.1    Krantz, K.2    Nisbett, R.3
  • 16
    • 85015424048 scopus 로고
    • “Qualitative probabilities: a normative framework for common-sense reasoning”, PhD dissertation, UCLA Cognitive Systems Lab, University of California, Los Angeles, CA
    • Goldszmidt, M. (1992), “Qualitative probabilities: a normative framework for common-sense reasoning”, PhD dissertation, UCLA Cognitive Systems Lab, University of California, Los Angeles, CA.
    • (1992)
    • Goldszmidt, M.1
  • 17
    • 0000333672 scopus 로고    scopus 로고
    • Comparative efficiency of informal (subjective, impressionistic) and informal (mechanical, algorithmic) prediction procedures: the clinical-statistical controversy
    • Grove, W.M. and Meehl, P. (1996), “Comparative efficiency of informal (subjective, impressionistic) and informal (mechanical, algorithmic) prediction procedures: the clinical-statistical controversy”, Psychology, Public Policy and Law, Vol. 2, pp. 293-323.
    • (1996) Psychology, Public Policy and Law , vol.2 , pp. 293-323
    • Grove, W.M.1    Meehl, P.2
  • 20
    • 0005104107 scopus 로고    scopus 로고
    • Breaking the frame: an analysis of strategic cognition and decision making under uncertainty
    • Hodgkinson, G., Brown, N., Maule, J., Glaister, K. and Pearimon, A. (1999), “Breaking the frame: an analysis of strategic cognition and decision making under uncertainty”, Strategic Management Journal, Vol. 20 No. 10, pp. 977-85.
    • (1999) Strategic Management Journal , vol.20 , Issue.10 , pp. 977-985
    • Hodgkinson, G.1    Brown, N.2    Maule, J.3    Glaister, K.4    Pearimon, A.5
  • 21
    • 85015402733 scopus 로고    scopus 로고
    • “Flexible policy construction by information refinement”, PhD dissertation, Department of Computer Science, University of British Columbia, Vancouver
    • Horsch, M. (1998), “Flexible policy construction by information refinement”, PhD dissertation, Department of Computer Science, University of British Columbia, Vancouver.
    • (1998)
    • Horsch, M.1
  • 23
    • 0034448740 scopus 로고    scopus 로고
    • Legal reasoning with subjective logic
    • Josang, A. and Bondi, V. (2000), “Legal reasoning with subjective logic”, Artificial Intelligence and Law, Vol. 8 No. 2, pp. 289-315.
    • (2000) Artificial Intelligence and Law , vol.8 , Issue.2 , pp. 289-315
    • Josang, A.1    Bondi, V.2
  • 24
    • 85015356909 scopus 로고
    • Prospect theory: an analysis of decision under risk
    • Kahneman, D. and Tversky, A. (1979), “Prospect theory: an analysis of decision under risk”, Econometrica, Vol. 47 No. 2, pp. 263-91.
    • (1979) Econometrica , vol.47 , Issue.2 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 25
    • 31744450082 scopus 로고
    • Advances in prospect theory: cumulative representation of uncertainty
    • Kahneman, D. and Tversky, A. (1992), “Advances in prospect theory: cumulative representation of uncertainty”, Journal of Risk and Uncertainty, Vol. 5 No. 4, pp. 297-323.
    • (1992) Journal of Risk and Uncertainty , vol.5 , Issue.4 , pp. 297-323
    • Kahneman, D.1    Tversky, A.2
  • 27
    • 0031185236 scopus 로고    scopus 로고
    • The effects of anchor points and reference points on negotiation process and outcome
    • Kristensen, H. and Garling, T. (1997), “The effects of anchor points and reference points on negotiation process and outcome”, Organizational Behavior and Human Decision Processes, Vol. 71 No. 1, pp. 85-94.
    • (1997) Organizational Behavior and Human Decision Processes , vol.71 , Issue.1 , pp. 85-94
    • Kristensen, H.1    Garling, T.2
  • 28
  • 29
    • 85015412879 scopus 로고    scopus 로고
    • “The impact of insurance prices on decision making: an experimental analysis”, working paper, Georgia State University, Atlanta, GA, and University of Southern California, Los Angeles, CA
    • Laury, S. and McInnes, M. (2001), “The impact of insurance prices on decision making: an experimental analysis”, working paper, Georgia State University, Atlanta, GA, and University of Southern California, Los Angeles, CA.
    • (2001)
    • Laury, S.1    McInnes, M.2
  • 30
  • 31
    • 85015371228 scopus 로고    scopus 로고
    • “Conceptual modelling: a psychological perspective”, PhD dissertation, Department of Information Systems, London School of Economics, London
    • McGinnes, S. (2000), “Conceptual modelling: a psychological perspective”, PhD dissertation, Department of Information Systems, London School of Economics, London.
    • (2000)
    • McGinnes, S.1
  • 32
    • 0029183637 scopus 로고
    • Decision analytic networks in artificial intelligence
    • Matzkevich, I. and Adamson, B. (1995), “Decision analytic networks in artificial intelligence”, Management Science, Vol. 41 No. 1, pp. 1-22.
    • (1995) Management Science , vol.41 , Issue.1 , pp. 1-22
    • Matzkevich, I.1    Adamson, B.2
  • 33
    • 0036117222 scopus 로고    scopus 로고
    • A further examination of cumulative prospect theory parameterizations
    • Neilson, W. and Stowe, J. (2002), “A further examination of cumulative prospect theory parameterizations”, Journal of Risk and Uncertainty, Vol. 24 No. 1, pp. 31-46.
    • (2002) Journal of Risk and Uncertainty , vol.24 , Issue.1 , pp. 31-46
    • Neilson, W.1    Stowe, J.2
  • 34
    • 33748174549 scopus 로고    scopus 로고
    • Decision making under uncertainty: a critique of options pricing models
    • Nwogugu, M. (2003), “Decision making under uncertainty: a critique of options pricing models”, Derivatives Use, Trading and Regulation, Vol. 9 No. 2, pp. 164-78.
    • (2003) Derivatives Use, Trading and Regulation , vol.9 , Issue.2 , pp. 164-178
    • Nwogugu, M.1
  • 35
    • 0031628052 scopus 로고    scopus 로고
    • Perceiving and managing business risks: differences between entrepreneurs and bankers
    • Sarasvathy, D., Simon, H. and Lave, L. (1998), “Perceiving and managing business risks: differences between entrepreneurs and bankers”, Journal of Economic Behavior and Organizations, Vol. 33 No. 1, pp. 207-25.
    • (1998) Journal of Economic Behavior and Organizations , vol.33 , Issue.1 , pp. 207-225
    • Sarasvathy, D.1    Simon, H.2    Lave, L.3
  • 36
    • 0002415590 scopus 로고
    • The effects of multiple reference points and prior gains and losses on managers’ risky decision making
    • Sullivan, K. and Kida, T. (1995), “The effects of multiple reference points and prior gains and losses on managers’ risky decision making”, Organizational Behavior and Human Decision Processes, Vol. 64 No. 1, pp. 76-83.
    • (1995) Organizational Behavior and Human Decision Processes , vol.64 , Issue.1 , pp. 76-83
    • Sullivan, K.1    Kida, T.2
  • 37
    • 0009751460 scopus 로고    scopus 로고
    • Continuous time methods in finance: a review and an assessment
    • Sundaresan, S. (2000), “Continuous time methods in finance: a review and an assessment”, Journal of Finance, Vol. 55 No. 4, pp. 1569-672.
    • (2000) Journal of Finance , vol.55 , Issue.4 , pp. 1569-1672
    • Sundaresan, S.1
  • 38
    • 0036077876 scopus 로고    scopus 로고
    • Measures of risk
    • Szego, G. (2002), “Measures of risk”, Journal of Banking and Finance, Vol. 26 No. 5, pp. 1253-72.
    • (2002) Journal of Banking and Finance , vol.26 , Issue.5 , pp. 1253-1272
    • Szego, G.1
  • 39
    • 0028928251 scopus 로고
    • Uncertainty and decisions in medical informatics
    • Szolovits, P. (1995), “Uncertainty and decisions in medical informatics”, Methods of Information in Medicine, Vol. 34, pp. 111-21.
    • (1995) Methods of Information in Medicine , vol.34 , pp. 111-121
    • Szolovits, P.1
  • 40
    • 0032317610 scopus 로고    scopus 로고
    • The application of judicial intelligence and ‘rules’ to systems supporting discretionary judicial decision making
    • Tata, C. (1998), “The application of judicial intelligence and ‘rules’ to systems supporting discretionary judicial decision making”, Artificial Intelligence and Law, Vol. 6, pp. 203-30.
    • (1998) Artificial Intelligence and Law , vol.6 , pp. 203-230
    • Tata, C.1
  • 41
    • 0032679976 scopus 로고    scopus 로고
    • Diagnosis and decision making in normative reasoning
    • Van der Torre, L. and Tan, Y. (1999), “Diagnosis and decision making in normative reasoning”, Artificial Intelligence and Law, Vol. 7 No. 1, pp. 51-67.
    • (1999) Artificial Intelligence and Law , vol.7 , Issue.1 , pp. 51-67
    • Van der Torre, L.1    Tan, Y.2
  • 44
  • 45
    • 0025471633 scopus 로고
    • Fundamental concepts of qualitative probabilistic networks
    • Wellman, M. (1990), “Fundamental concepts of qualitative probabilistic networks”, Artificial Intelligence, Vol. 44, pp. 257-304.
    • (1990) Artificial Intelligence , vol.44 , pp. 257-304
    • Wellman, M.1
  • 46
    • 0038057525 scopus 로고    scopus 로고
    • The meaning of indifference in choice behavior asymmetries in adjustments embodied in matching
    • Willemsen, M. and Keiren, G. (2003), “The meaning of indifference in choice behavior asymmetries in adjustments embodied in matching”, Organizational Behavior and Human Decision Processes, Vol. 90, pp. 342-59.
    • (2003) Organizational Behavior and Human Decision Processes , vol.90 , pp. 342-359
    • Willemsen, M.1    Keiren, G.2
  • 47
    • 0030493246 scopus 로고    scopus 로고
    • Toward a model of risk taking by declining organizations
    • Wiseman, R. and Bromily, P. (1996), “Toward a model of risk taking by declining organizations”, Organizational Science, Vol. 7 No. 5, pp. 524-43.
    • (1996) Organizational Science , vol.7 , Issue.5 , pp. 524-543
    • Wiseman, R.1    Bromily, P.2
  • 48
    • 0032350136 scopus 로고    scopus 로고
    • A behavioral agency model of managerial risk-taking
    • Wiseman, R. and Gomez-Mejia, L. (1998), “A behavioral agency model of managerial risk-taking”, Academy of Management Review, Vol. 23 No. 1, pp. 133-53.
    • (1998) Academy of Management Review , vol.23 , Issue.1 , pp. 133-153
    • Wiseman, R.1    Gomez-Mejia, L.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.