Arbeitspapier

From a Regret to an Expected Utility Model: a learning process

This paper identifies in a feed-forward neural network the mathematical algorithm which can catch the learning process highlighted by econometric works that makes people assess the satisfaction arising in each single contingency so that they are better depicted in their decision making by an Expected Utility rather than by a Regret Model. Evidence from experimental economics are also accounted for, since the network does not manage to extrapolate the former from the latter model when probabilities are extreme.

Sprache
Englisch

Erschienen in
Series: Quaderni - Working Paper DSE ; No. 284

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Giusti, Giuliano
Zagonari, Fabio
Ereignis
Veröffentlichung
(wer)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(wo)
Bologna
(wann)
1997

DOI
doi:10.6092/unibo/amsacta/5026
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Giusti, Giuliano
  • Zagonari, Fabio
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Entstanden

  • 1997

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