Network approach for decision making under risk—How do we choose among probabilistic options with the same expected value?

Wei Pan; Yi-Shin Chen

doi:10.1371/journal.pone.0196060

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Open Access

Peer-reviewed

Research Article

Network approach for decision making under risk—How do we choose among probabilistic options with the same expected value?

Wei Pan ,

Roles Conceptualization, Data curation, Formal analysis, Investigation, Methodology, Validation, Visualization, Writing – original draft, Writing – review & editing

* E-mail: weipane@gmail.com

Affiliations Institute of Physics, Academia Sinica, Taipei 115, Taiwan, Department of Physics, Chung Yuan Christian University, Tao-Yuan 320, Taiwan, Center for General Education, National Tsing Hua University, Hsin-Chu 300, Taiwan, Tsio-Hai Waldorf School, Hsin-Chu 305, Taiwan

http://orcid.org/0000-0002-2638-5733

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Yi-Shin Chen

Roles Conceptualization, Formal analysis, Funding acquisition, Investigation, Project administration, Resources, Software, Validation, Writing – review & editing

Affiliations Institute of Information Systems and Applications, National Tsing-Hua University, Hisn-Chu 300, Taiwan, Department of Computer Science, National Tsing-Hua University, Hisn-Chu 300, Taiwan
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Network approach for decision making under risk—How do we choose among probabilistic options with the same expected value?

Wei Pan,
Yi-Shin Chen

Published: April 27, 2018
https://doi.org/10.1371/journal.pone.0196060

About the Authors

Wei Pan

Roles Conceptualization, Data curation, Formal analysis, Investigation, Methodology, Validation, Visualization, Writing – original draft, Writing – review & editing

* E-mail: weipane@gmail.com

Affiliations Institute of Physics, Academia Sinica, Taipei 115, Taiwan, Department of Physics, Chung Yuan Christian University, Tao-Yuan 320, Taiwan, Center for General Education, National Tsing Hua University, Hsin-Chu 300, Taiwan, Tsio-Hai Waldorf School, Hsin-Chu 305, Taiwan

http://orcid.org/0000-0002-2638-5733

Yi-Shin Chen

Roles Conceptualization, Formal analysis, Funding acquisition, Investigation, Project administration, Resources, Software, Validation, Writing – review & editing

Affiliations Institute of Information Systems and Applications, National Tsing-Hua University, Hisn-Chu 300, Taiwan, Department of Computer Science, National Tsing-Hua University, Hisn-Chu 300, Taiwan

Competing Interests

The authors have declared that no competing interests exist.

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Decision making
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Probability distribution
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Decision theory
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Law of large numbers
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Behavior
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Collective human behavior
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Game theory
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Finance
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