Weighting Risk and Uncertainty Based on Prospect Theory
基于前景理论的风险决策权重研究

Decision weights are an important component of decision making with uncertainty and risk. To better explain these decision weights, a two-stage approach has been proposed by Tversky and Fox. We proposed a three-stage framing approach by allowing the probability weighing function to depend on the type of uncertainty to weighing under gain and loss. Using this more general approach, decision makers can get more accurate decision weight.