Application of the Combined State Concept to Behavioral Investment Decisions Under Interval-Valued Information
Investment decisions are characterized by behavioral issues and imperfect relevant information. It is needed to take into account behavior of decision maker that depends on states of economy in such probability. Application of the combined states approach for investment and sensitivity analysis can easily illustrate the opportunities of the proposed work. We used interval-valued probability in this paper.
KeywordsBehavioral decision making Combined states Investment problem Interval-valued information Choquet integral Joint probability
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