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  • Drazen Prelec
  • Mathematics
  • 1998 (First Publication: 1 May 1998)
  • A probability weighting function w(p) is a prominent feature of several nonexpected utility theories, including prospect theory and rank-dependent models. Empirical estimates indicate that w(p) isContinue Reading
  • Drazen Prelec
  • Psychology, Medicine
  • Science
  • 2004 (First Publication: 15 October 2004)
  • Subjective judgments, an essential information source for science and policy, are problematic because there are no public criteria for assessing judgmental truthfulness. I present a scoring methodContinue Reading