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EMU I-REP >
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Department of Mathematics >
Theses (Master's and Ph.D) – Mathematics >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/11129/1426
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| Title: | Prospect theory in decision making process |
| Authors: | Abdulnabi, Nisreen Lukman |
| Keywords: | Mathematics
Applied Mathematics and Computer Science
Decision Making - Mathematics
Prospect Theory, Decision Making, Expected Utility, Value and Weighting Functions, Utility Functions |
| Issue Date: | Feb-2014 |
| Publisher: | Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ) |
| Citation: | Abdulnabi, Nisreen Lukman. (2014). Prospect theory in decision making process. Thesis (M.S.), Eastern Mediterranean University, Institute of Graduate Studies and Research, Dept. of Mathematics, Famagusta: North Cyprus. |
| Abstract: | ABSTRACT: This thesis purposes the investigation of the prospect theory in decision making process. The theoretical aspects and basic concepts of the prospect theory for the decision making under uncertainty and risk are analyzed. The editing and evaluation phases of prospect theory are discussed. The expected utility, value and weighting functions are calculated. The utility functions for rational decision making by evaluating gains and losses are considered. Keywords: Prospect theory, Decision making, Expected utility, Value and weighting functions, Utility functions.
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ÖZ: Bu tezin amacı karar verme sürecinde beklenti teorisini araştırmaktır. Kararsızlık ve risk durumlarında karar verme için beklenti teorisinin teorik yönleri ve temel kavramları incelenir. Bekleme teorisinin düzenleme ve değerlendirme aşamaları ele alınır. Beklenen fayda, değer ve ağırlık verme fonksiyonları hesaplanır. Rasyonel karar verme için kazanç ve zarar değerlendirilerek fayda fonksiyonları dikkate alınır. Anahtar Kelimeler: Beklenti teorisi, Karar verme, Beklenen fayda, Değer ve ağırlık verme fonksiyonları, Fayda fonksiyonları. |
| Description: | Master of Science in Applied Mathematics and Computer Science. Thesis (M.S.)--Eastern Mediterranean University, Faculty of Arts and Sciences, Dept. of Mathematics, 2014. Supervisor: Assoc. Prof. Dr. Rashad Aliyev. |
| URI: | http://hdl.handle.net/11129/1426 |
| Appears in Collections: | Theses (Master's and Ph.D) – Mathematics
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