Despite the common reliance on numerical probability estimates in decision research and decision analysis, there is considerable interest in the use of verbal probability expressions to communicate ...

Consider the situation in which an expert is required to express his/her prior opinion by specifying a probability distribution. Suppose after a series of trials a third person wishes to decide which ...

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Pathological behaviors toward drugs and food rewards have underlying commonalities. Risk-taking has a fourfold pattern varying as a function of probability and valence leading to the nonlinearity of ...