A fuzzy risk attitude classification based on prospect theory


Autoria(s): Li, Yang; Portmann, Edy
Data(s)

01/11/2012

Resumo

Traditional methods do not actually measure peoples’ risk attitude naturally and precisely. Therefore, a fuzzy risk attitude classification method is developed. Since the prospect theory is usually considered as an effective model of decision making, the personalized parameters in prospect theory are firstly fuzzified to distinguish people with different risk attitudes, and then a fuzzy classification database schema is applied to calculate the exact value of risk value attitude and risk be- havior attitude. Finally, by applying a two-hierarchical clas- sification model, the precise value of synthetical risk attitude can be acquired.

Formato

application/pdf

Identificador

http://boris.unibe.ch/45572/1/1042-1.pdf

Li, Yang; Portmann, Edy (November 2012). A fuzzy risk attitude classification based on prospect theory. In: Proceedings of the 2012 International Conference on Fuzzy Theory and Its Applications (pp. 137-143). Taichung, Taiwan: IEEE / Institute of Electrical and Electronics Engineers Incorporated 10.1109/iFUZZY.2012.6409689 <http://dx.doi.org/10.1109/iFUZZY.2012.6409689>

doi:10.7892/boris.45572

info:doi:10.1109/iFUZZY.2012.6409689

urn:isbn:978-1-4673-2057-3

Idioma(s)

eng

Publicador

IEEE / Institute of Electrical and Electronics Engineers Incorporated

Relação

http://boris.unibe.ch/45572/

Direitos

info:eu-repo/semantics/restrictedAccess

Fonte

Li, Yang; Portmann, Edy (November 2012). A fuzzy risk attitude classification based on prospect theory. In: Proceedings of the 2012 International Conference on Fuzzy Theory and Its Applications (pp. 137-143). Taichung, Taiwan: IEEE / Institute of Electrical and Electronics Engineers Incorporated 10.1109/iFUZZY.2012.6409689 <http://dx.doi.org/10.1109/iFUZZY.2012.6409689>

Palavras-Chave #650 Management & public relations
Tipo

info:eu-repo/semantics/conferenceObject

info:eu-repo/semantics/publishedVersion

PeerReviewed