Likelihood Weighting
Likelihood Weighting is a cognitive mechanism within prospect theory that belongs to the class of probability distortion functions, whereby objective probabilities are transformed into subjective decision weights according to an individual’s tendency to overestimate low probabilities and underestimate high probabilities.
20
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1.1K
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46
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2017–2026
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On the Composition of Risk Preference and Belief.
Peter P. Wakker · Psychological Review · 2004 · 133 citations
Feifang Hu, James V. Zidek · Canadian Journal of Statistics · 2002 · 117 citations
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University of Pittsburgh
Pittsburgh, United States
2 h-index
3 publications
321 citations

University of British Columbia
Vancouver, Canada
2 h-index
3 publications
215 citations

University of Dundee
Dundee, United Kingdom
2 h-index
4 publications
140 citations

University of Minnesota
Minneapolis, United States
1 h-index
1 publications
16 citations
Australian Research Council
Canberra, Australia
1 h-index
2 publications
32 citations
Guolian Futures (China)
Wuxi, China
1 h-index
1 publications
19 citations
Technion – Israel Institute of Technology
Haifa, Israel
1 h-index
2 publications
22 citations

North Carolina Museum of Natural Sciences
Raleigh, United States
1 h-index
1 publications
47 citations
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CJS · 2 publications · 128 citations
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1 publications · 47 citations
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1 publications · 133 citations
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JIS · 1 publications · 19 citations
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1 publications · 16 citations
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