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Flexible Utility Function Approximation via Cubic Bezier Splines

In intertemporal and risky choice decisions, parametric utility models are widely used for predicting choice and measuring individuals’ impulsivity and risk aversion. However, parametric utility models cannot describe data deviating from their assumed functional form. We propose a novel method using...

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Detalles Bibliográficos
Autores principales: Lee, Sangil, Glaze, Chris M., Bradlow, Eric T., Kable, Joseph W.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7599200/
https://www.ncbi.nlm.nih.gov/pubmed/32979183
http://dx.doi.org/10.1007/s11336-020-09723-4