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Flexible Utility Function Approximation via Cubic Bezier Splines
In intertemporal and risky choice decisions, parametric utility models are widely used for predicting choice and measuring individuals’ impulsivity and risk aversion. However, parametric utility models cannot describe data deviating from their assumed functional form. We propose a novel method using...
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| Veröffentlicht in: | Psychometrika |
|---|---|
| Hauptverfasser: | , , , |
| Format: | Artigo |
| Sprache: | Inglês |
| Veröffentlicht: |
Springer US
2020
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| Schlagworte: | |
| Online Zugang: | https://ncbi.nlm.nih.gov/pmc/articles/PMC7599200/ https://ncbi.nlm.nih.gov/pubmed/32979183 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1007/s11336-020-09723-4 |
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