Concepedia

Decision Weighting

Decision Weighting is a cognitive mechanism in behavioral decision theory that assigns subjective weights to objective probabilities in order to reflect how individuals perceive and respond to uncertainty, deviating from expected utility theory by overweighting small probabilities and underweighting large ones.

119

Publications

11.9K

Citations

301

Authors

167

Institutions

Publications per year

2017–2026

31

Parents

Publications

119

PROBABILITY WEIGHTING FUNCTION

Ali al‐Nowaihi, Sanjit Dhami · SSRN Electronic Journal · 2005 · 1.1K citations · Full text

, , +11

Money, Kisses, and Electric Shocks: On the Affective Psychology of Risk

Yuval Rottenstreich, Christopher K. Hsee · Psychological Science · 2001 · 839 citations

, , +17

Effectiveness of Entropy Weight Method in Decision-Making

Zhu Yuxin, Dazuo Tian, Feng Yan · Mathematical Problems in Engineering · 2020 · 774 citations · Full text

, , +13

Unit weighting schemes for decision making

Hillel J. Einhorn, Robin M. Hogarth · Organizational Behavior and Human Performance · 1975 · 680 citations

, , +11

Risk attitudes and decision weights

UvA-DARE (University of Amsterdam) · 1995 · 586 citations

, , +17

1–5 of 119

Authors

301

  1. HJ
    Hermann J. Müller

    Ludwig-Maximilians-Universität München, Germany

    4 publications · 453 citations

    4

    h-index

  2. SL
    Stefanie Lindow

    University of Erfurt, Germany

    3 publications · 68 citations

    3

    h-index

  3. TB
    Tilmann Betsch

    University of Erfurt, Germany

    3 publications · 68 citations

    3

    h-index

  4. MW
    Martin Weber

    University of Mannheim, Germany

    3 publications · 719 citations

    3

    h-index

  5. EU
    Elke U. Weber

    Columbia University, United States

    3 publications · 251 citations

    3

    h-index

1–5 of 301

Institutions

167

  1. Max Planck Institute for Human Development

    Berlin, Germany

    5 h-index

    8 publications

    248 citations

  2. University of Chicago

    Chicago, United States

    4 h-index

    5 publications

    2.9K citations

  3. The Ohio State University

    Columbus, United States

    4 h-index

    4 publications

    202 citations

  4. Universidad de Granada

    Granada, Spain

    4 h-index

    12 publications

    635 citations

  5. Hefei University of Technology

    Hefei, China

    3 h-index

    7 publications

    229 citations

  6. Google (United States)

    Mountain View, United States

    3 h-index

    13 publications

    577 citations

  7. Birkbeck, University of London

    London, United Kingdom

    3 h-index

    4 publications

    115 citations

  8. University of Mannheim

    Mannheim, Germany

    3 h-index

    5 publications

    707 citations

1–8 of 167

Venues

  1. Journal of Behavioral Decision Making

    8 publications · 701 citations

    8

    h-index

  2. 5

    h-index

  3. Psychological Science

    4 publications · 1.3K citations

    4

    h-index

  4. Organizational Behavior and Human Performance

    4 publications · 1.2K citations

    4

    h-index

  5. Management Science

    4 publications · 765 citations

    4

    h-index

1–5