It begins by analysing some decision problems proposed in the literature (Kahneman and Tversky1979), showing that people's preferences may violate some of the axioms of the EU model. Then, it proposes a multi-criteria approach to model human behaviour in these problems, that is, when emotional...
Explain what the organizational structure of a company means. Explain and discuss the impact of organizational culture on individual and team behaviour. What are the most common reasons for entrepreneurial business failure? What are the two types of external organizational environments?
Elaborated a theory of social organization. 1 Explain Make (an idea or situation) clear to someone by describing it in more detail or revealing relevant facts He explained the situation ‘It's a device of great age,’ the professor explained They explained that their lives centred on the reli...
SHAP (SHapley Additive exPlanations) is a game theoretic approach to explain the output of any machine learning model. It connects optimal credit allocation with local explanations using the classic Shapley values from game theory and their related extensions (see papers for details and citations). ...
1) The notion of deterrence is an important component of which model explained in chapter 2 Understanding Public Policy? a) group theory b) elite theory c) game theory 2) Which of the following st Explain in detail by giving examples of what is meant by public goods and services. ...
The literature on social dilemmas and punishment focuses on the behaviour of the punisher. However, to fully explain the effect of punishment on cooperation, it is important to understand the psychological mechanisms influencing the behaviour of those who expect to be punished. This paper examines wh...
demographics and socioeconomic factors as well as in relation to health status and health behaviour. All young people who became unemployed directly after leaving compulsory school (n = 20) were included in an interview group and have been followed with personal interviews during the follow-up...
Consider a social group of size N. Suppose that each time step an individual is born to a random mother and one individual is selected to die at random. With probability pb, the newborn will meet and connect to its mother (generally, pb will be close to 1, but can be low or 0 in...
Answer and Explanation: Consumer expectations create the economic outlook of the household of a nation. Further, if consumers work on the improvement of households, they...
In the financial realm, salience theory predicts that individuals will find assets with salient upsides (downsides) appealing (unappealing). We investigate whether this theory can explain investor behaviour in the cryptocurrency market. Consistent with the theory's predictions, using a sample of 1738 ...