{"id":"https://openalex.org/W777732233","doi":"https://doi.org/10.25772/27sc-r772","title":"Prospect Theory Preferences in Noncooperative Game Theory","display_name":"Prospect Theory Preferences in Noncooperative Game Theory","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W777732233","doi":"https://doi.org/10.25772/27sc-r772","mag":"777732233"},"language":"en","primary_location":{"id":"pmh:oai:scholarscompass.vcu.edu:etd-4554","doi":null,"is_oa":false,"landing_page_url":"https://scholarscompass.vcu.edu/etd/3522","pdf_url":null,"source":{"id":"https://openalex.org/S4377196340","display_name":"VCU Scholars Compass (Virginia Commonwealth University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I184840846","host_organization_name":"Virginia Commonwealth University","host_organization_lineage":["https://openalex.org/I184840846"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Theses and Dissertations","raw_type":"text"},"volume":null,"type":"article","indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.25772/27sc-r772","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5039085090","display_name":"Philip Leclerc","orcid":"https://orcid.org/0009-0002-1178-8852","observed_orcids":["https://orcid.org/0009-0002-1178-8852"]},"institutions":[{"id":"https://openalex.org/I184840846","display_name":"Virginia Commonwealth University","ror":"https://ror.org/02nkdxk79","country_code":"US","type":"education","lineage":["https://openalex.org/I184840846"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Leclerc, Philip","raw_affiliation_strings":["Virginia Commonwealth University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Virginia Commonwealth University","institution_ids":["https://openalex.org/I184840846"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5039085090"],"corresponding_institution_ids":["https://openalex.org/I184840846"],"apc_list":null,"apc_paid":null,"fwci":13.4756,"has_fulltext":false,"cited_by_count":35,"citation_normalized_percentile":{"value":0.98837087,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9463000297546387,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9463000297546387,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.031700000166893005,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.012000000104308128,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/prospect-theory","display_name":"prospect theory","score":0.9959999918937683},{"id":"https://openalex.org/keywords/noncooperative-games","display_name":"non-cooperative game","score":0.9269999861717224},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.953000009059906},{"id":"https://openalex.org/keywords/equilibrium-concepts","display_name":"equilibrium concepts","score":0.8740000128746033},{"id":"https://openalex.org/keywords/risk-preferences","display_name":"risk preferences","score":0.6510000228881836},{"id":"https://openalex.org/keywords/reference-points","display_name":"reference points","score":0.8960000276565552},{"id":"https://openalex.org/keywords/computational-complexity","display_name":"computational complexity","score":0.781000018119812},{"id":"https://openalex.org/keywords/rationalizability","display_name":"rationalizability","score":0.8309999704360962},{"id":"https://openalex.org/keywords/dominance","display_name":"dominance","score":0.5770000219345093},{"id":"https://openalex.org/keywords/descriptive-validity","display_name":"descriptive validity","score":0.7020000219345093},{"id":"https://openalex.org/keywords/weight-functions","display_name":"weight functions","score":0.6000000238418579},{"id":"https://openalex.org/keywords/behavioral-game-theory","display_name":"behavioral game theory","score":0.6389999985694885}],"concepts":[{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.6369847059249878},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5802526473999023},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.509833037853241}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:scholarscompass.vcu.edu:etd-4554","doi":null,"is_oa":false,"landing_page_url":"https://scholarscompass.vcu.edu/etd/3522","pdf_url":null,"source":{"id":"https://openalex.org/S4377196340","display_name":"VCU Scholars Compass (Virginia Commonwealth University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I184840846","host_organization_name":"Virginia Commonwealth University","host_organization_lineage":["https://openalex.org/I184840846"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Theses and Dissertations","raw_type":"text"},{"id":"mag:777732233","doi":null,"is_oa":false,"landing_page_url":"https://scholarscompass.vcu.edu/cgi/viewcontent.cgi?article=4554&context=etd","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},{"id":"doi:10.25772/27sc-r772","doi":"https://doi.org/10.25772/27sc-r772","is_oa":true,"landing_page_url":"https://doi.org/10.25772/27sc-r772","pdf_url":null,"source":{"id":"https://openalex.org/S7407053258","display_name":"VCULIBRARIES","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I184840846","host_organization_name":"Virginia Commonwealth University","host_organization_lineage":["https://openalex.org/I184840846"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"thesis"}],"best_oa_location":{"id":"doi:10.25772/27sc-r772","doi":"https://doi.org/10.25772/27sc-r772","is_oa":true,"landing_page_url":"https://doi.org/10.25772/27sc-r772","pdf_url":null,"source":{"id":"https://openalex.org/S7407053258","display_name":"VCULIBRARIES","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I184840846","host_organization_name":"Virginia Commonwealth University","host_organization_lineage":["https://openalex.org/I184840846"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"thesis"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":43,"referenced_works":["https://openalex.org/W350604544","https://openalex.org/W1501279792","https://openalex.org/W1522762573","https://openalex.org/W1588177898","https://openalex.org/W1596909900","https://openalex.org/W1965761421","https://openalex.org/W1978844375","https://openalex.org/W1986721142","https://openalex.org/W1991624978","https://openalex.org/W2002373723","https://openalex.org/W2008556400","https://openalex.org/W2015697103","https://openalex.org/W2021031922","https://openalex.org/W2027047704","https://openalex.org/W2029785513","https://openalex.org/W2041946752","https://openalex.org/W2051730103","https://openalex.org/W2056607720","https://openalex.org/W2062389098","https://openalex.org/W2064300970","https://openalex.org/W2067050450","https://openalex.org/W2089649903","https://openalex.org/W2093074200","https://openalex.org/W2095442345","https://openalex.org/W2096124674","https://openalex.org/W2099161251","https://openalex.org/W2102118103","https://openalex.org/W2119869751","https://openalex.org/W2122336644","https://openalex.org/W2124377041","https://openalex.org/W2126380843","https://openalex.org/W2128090174","https://openalex.org/W2128168853","https://openalex.org/W2130136032","https://openalex.org/W2133469585","https://openalex.org/W2138339131","https://openalex.org/W2143336709","https://openalex.org/W2144846366","https://openalex.org/W2150552447","https://openalex.org/W2239900188","https://openalex.org/W2745547123","https://openalex.org/W2914956188","https://openalex.org/W3126076506"],"related_works":["https://openalex.org/W4387465286","https://openalex.org/W3148380039","https://openalex.org/W2518516864","https://openalex.org/W6982266049","https://openalex.org/W2414857619","https://openalex.org/W2939411277","https://openalex.org/W2243634919","https://openalex.org/W2766825240","https://openalex.org/W4406091149","https://openalex.org/W291033750"],"abstract_inverted_index":{"The":[0],"present":[1],"work":[2],"seeks":[3],"to":[4,55,100,169,179,188],"incorporate":[5],"a":[6,216],"popular":[7],"descriptive,":[8],"empirically":[9],"grounded":[10],"model":[11],"of":[12,23,36,39,58,113,117,123,139,152,192,218,238,248],"human":[13],"preference":[14],"under":[15],"risk,":[16],"prospect":[17,89],"theory,":[18,90,92],"into":[19],"the":[20,34,86,105,118,121,124,140,190,226,235,246,249,268],"equilibrium":[21,45,77,142,195,205,270],"theory":[22,96],"noncooperative":[24],"games.":[25],"Three":[26],"primary,":[27],"candidate":[28],"definitions":[29],"are":[30,47,207],"systematically":[31,259],"identified":[32],"on":[33,111,150,177,234,276],"basis":[35],"classical":[37,153,180],"characterizations":[38],"Nash":[40,181],"Equilibrium;":[41],"in":[42,53,171],"addition,":[43],"three":[44,141,194,269],"subtypes":[46],"defined":[48],"for":[49,85],"each":[50,112,138,166],"primary":[51,76],"definition,":[52],"order":[54],"enable":[56],"modeling":[57],"players'":[59],"reference":[60],"points":[61],"as":[62,197],"exogenous":[63],"and":[64,67,72,83,93,128,136,159,222,224,240,262,265,272],"fixed,":[65],"slowly":[66],"myopically":[68],"adaptive,":[69],"highly":[70],"flexible":[71],"non-myopically":[73],"adaptive.":[74],"Each":[75],"concept":[78,167],"was":[79],"analyzed":[80,145],"both":[81],"theoretically":[82],"empirically;":[84],"theoretical":[87,115,184,261],"analyses,":[88],"game":[91],"computational":[94,160],"complexity":[95,161],"were":[97],"all":[98],"summoned":[99],"analysis.":[101],"In":[102,133,199],"chapter":[103,200],"1,":[104],"reader":[106],"is":[107,126,144,168],"provided":[108],"with":[109,147,174],"background":[110],"these":[114],"underpinnings":[116],"current":[119],"work,":[120],"scope":[122],"project":[125],"described,":[127],"its":[129],"conclusions":[130],"briefly":[131],"summarized.":[132],"chapters":[134],"2":[135],"3,":[137],"concepts":[143,196,206],"theoretically,":[146],"emphasis":[148],"placed":[149],"issues":[151],"interest":[154],"(e.g.":[155],"existence,":[156],"dominance,":[157],"rationalizability)":[158],"(i.e,":[162],"assessing":[163],"how":[164],"difficult":[165],"apply":[170],"algorithmic":[172],"practice,":[173],"particular":[175],"focus":[176],"comparison":[178],"Equilibrium).":[182],"This":[183],"analysis":[185],"leads":[186],"us":[187],"discard":[189],"first":[191],"our":[193,202],"unacceptable.":[198],"4,":[201],"remaining":[203],"two":[204],"compared":[208],"empirically,":[209],"using":[210],"average-level":[211],"data":[212],"originally":[213],"aggregated":[214],"from":[215],"number":[217],"studies":[219],"by":[220],"Camerer":[221],"Selten":[223],"Chmura;":[225],"results":[227],"suggest":[228],"that":[229],"PT":[230,250],"preferences":[231],"may":[232],"improve":[233],"descriptive":[236],"validity":[237],"NE,":[239],"pose":[241],"some":[242,274],"interesting":[243],"questions":[244],"about":[245],"nature":[247],"weighting":[251],"function":[252],"(2003,":[253],"Ch.":[254],"3).":[255],"Chapter":[256],"5":[257],"concludes,":[258],"summarizes":[260],"empirical":[263],"differences":[264],"similarities":[266],"between":[267],"concepts,":[271],"offers":[273],"thoughts":[275],"future":[277],"work.":[278]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":30},{"year":2016,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}