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Flexible Utility Function Approximation via Cubic Bezier Splines |
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| Authors: | Lee Sangil Glaze Chris M. Bradlow Eric T. Kable Joseph W. |
| Affiliation: | 1.Department of Psychology, School of Arts and Sciences, University of Pennsylvania, Philadelphia, PA, USA ;2.Department of Marketing, Wharton School, University of Pennsylvania, Philadelphia, USA ; |
| Abstract: | Psychometrika - In intertemporal and risky choice decisions, parametric utility models are widely used for predicting choice and measuring individuals’ impulsivity and risk aversion. However,... |
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