The Objective Value of Subjective Value in project design negotiations

2016 ◽  
Vol 6 (2-4) ◽  
pp. 78-91
Author(s):  
Vivek A. Sakhrani
Keyword(s):  
Project Design ◽  
Subjective Value ◽  
Objective Value

The Objective Value of Subjective Value: A Multi-Round Negotiation Study

2010 ◽  
Vol 40 (3) ◽  
pp. 690-709 ◽  
Author(s):  
Jared R. Curhan ◽  
Hillary Anger Elfenbein ◽  
Noah Eisenkraft
Keyword(s):  
Subjective Value ◽  
Objective Value

The Objective Value of Subjective Value: A Multi-round Negotiation Study

2008 ◽  
Author(s):  
Jared R. Curhan ◽  
Hillary Anger Elfenbein ◽  
Noah Eisenkraft
Keyword(s):  
Subjective Value ◽  
Objective Value

Employees’ Attitudes Toward Equity-Based Compensation

2012 ◽  
Vol 44 (5) ◽  
pp. 246-253 ◽  
Author(s):  
Menachem (Meni) Abudy ◽  
Efrat Shust
Keyword(s):  
Stock Options ◽  
Field Survey ◽  
Financial Education ◽  
Employee Stock Options ◽  
The Past ◽  
Black Scholes Model ◽  
Subjective Value ◽  
Black Scholes ◽  
Objective Value ◽  
The Relationship

This article presents a field study that examines the subjective value of equity-based compensation and investigates the relationship between attitude toward risk and compensation preferences. The participants in the field survey received equity-based compensation in the past but lack financial education background. We find that the respondents exhibit difficulty in estimating the value of employee stock options, which usually results in a subjective value that is lower than the objective value (calculated using the Black–Scholes model). Additional findings demonstrate the presence of behavioral biases such as priming and mental anchoring. Finally, we document an absence of transitivity in the preferences of 10% of the respondents.

scholarly journals Context-dependent outcome encoding in human reinforcement learning

2021 ◽  
Author(s):  
Stefano Palminteri ◽  
Maël Lebreton
Keyword(s):  
Decision Making ◽  
Reinforcement Learning ◽  
Human Behavior ◽  
Context Dependence ◽  
Economic Decision ◽  
Economic Decision Making ◽  
Subjective Value ◽  
Objective Value ◽  
Context Dependent ◽  
Subjective Context

A wealth of evidence in perceptual and economic decision-making research suggests that the subjective value of one option is determined by other available options (i.e. the context). A series of studies provides evidence that the same coding principles apply to situations where decisions are shaped by past outcomes, i.e. in reinforcement-learning situations. In bandit tasks, human behavior is explained by models assuming that individuals do not learn the objective value of an outcome, but rather its subjective, context-dependent representation. We argue that, while such outcome context-dependence may be informationally or ecologically optimal, it concomitantly undermines the capacity to generalize value-based knowledge to new contexts – sometimes creating apparent decision paradoxes.

ESEA Title III Project Design for Language-Handicapped Kindergarten and Preschool Children

1973 ◽  
Vol 4 (4) ◽  
pp. 174-181
Author(s):  
Marilyn J. Click ◽  
Jerrie K. Ueberle ◽  
Charles E. George
Keyword(s):  
Preschool Children ◽  
Project Design ◽  
Title Iii

Stereotype Internalization, Math Perceptions, and Occupational Choices of Women With Counter-Stereotypical University Majors

2007 ◽  
Vol 66 (3) ◽  
pp. 169-178 ◽  
Author(s):  
Virginie Bonnot ◽  
Jean-Claude Croizet
Keyword(s):  
Academic Achievement ◽  
Negative Impact ◽  
Self Concept ◽  
Occupational Choices ◽  
Men And Women ◽  
Performance Expectancies ◽  
Subjective Value ◽  
Stereotype Endorsement

Based on Eccles’ (1987) model of academic achievement-related decisions, we tested whether women, who are engaged in mathematical fields at university, have internalized, to some extent, the stereotype about women’s inferiority in math. The results indicate that men and women do not assess their ability self-concept, subjective value of math, or performance expectancies differently. However, women’s degree of stereotype endorsement has a negative impact on their ability self-concept and their performance expectancies, but does not affect their value of the math domain. Moreover, members of both genders envisage stereotypical careers after university graduation.

A Polanyian Rescue of The Abolition of Man

2020 ◽  
Vol 10 (1) ◽  
pp. 52-68
Author(s):  
Jon Fennell
Keyword(s):  
Twentieth Century ◽  
Human Life ◽  
Effective Response ◽  
Objective Value ◽  
Essential Contribution ◽  
Good And Evil

The Abolition of Man, though short in length and casual in tone, is among the most important books of the twentieth century. The reason it possesses such significance is that it reveals through penetrating analysis the contemporary sceptical assault on the very possibility of rational morality and, indeed, on the very meaning of human life. In meeting and overcoming this assault, Lewis embraces the concept of objective value. But this concept is itself under attack in modernity, most notably in Nietzsche's Beyond Good and Evil. There is, however, an effective response to this withering onslaught. It is found in Michael Polanyi's ‘fiduciary’ philosophy. This study shows how Polanyi's account of justification inoculates Lewis' objective value against Nietzsche's virulent attack, thereby preserving the defence of meaning and morality that constitutes the essential contribution of The Abolition of Man.

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