Statements (21)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
probability weighting function
|
| gptkbp:describes |
how people distort probabilities
|
| gptkbp:feature |
captures overweighting of small probabilities
captures underweighting of large probabilities inverse-S shape subproportionality |
| gptkbp:field |
decision theory
economics psychology |
| gptkbp:form |
w(p) = exp(-(-ln p)^α)
|
| gptkbp:generalizes |
Tversky-Kahneman weighting function
|
| https://www.w3.org/2000/01/rdf-schema#label |
Prelec's weighting function
|
| gptkbp:namedAfter |
gptkb:Dražen_Prelec
|
| gptkbp:parameter |
α
β |
| gptkbp:publishedIn |
1998
The Probability Weighting Function |
| gptkbp:usedIn |
behavioral economics
prospect theory |
| gptkbp:bfsParent |
gptkb:Alen_Prelec
|
| gptkbp:bfsLayer |
8
|