- Decision-Making and Behavioral Economics
- Experimental Behavioral Economics Studies
- Economic and Environmental Valuation
- Geotechnical Engineering and Soil Stabilization
- Economic theories and models
- Neuroendocrine regulation and behavior
- Geotechnical and construction materials studies
- Risk and Portfolio Optimization
- Geotechnical Engineering and Underground Structures
- Evolutionary Psychology and Human Behavior
- Grouting, Rheology, and Soil Mechanics
- Auction Theory and Applications
- Bayesian Modeling and Causal Inference
- Consumer Market Behavior and Pricing
- Geotechnical Engineering and Analysis
- Neural and Behavioral Psychology Studies
- Housing Market and Economics
- Multi-Criteria Decision Making
- Technology and Data Analysis
- Game Theory and Voting Systems
- Circadian rhythm and melatonin
- Cognitive Abilities and Testing
- Receptor Mechanisms and Signaling
- Health Systems, Economic Evaluations, Quality of Life
- Evolutionary Game Theory and Cooperation
Southwestern University of Finance and Economics
2013-2024
National University of Singapore
2014-2023
New York University
2023
Renmin University of China
2023
University of Hong Kong
2007-2021
Ministry of Education
2018
Hong Kong University of Science and Technology
2002-2015
Ben-Gurion University of the Negev
2013
King's College - North Carolina
2005
Chinese University of Hong Kong
1997
This paper examines the relationship between microstructure and engineering properties of cement-treated marine clay. The was investigated using x-ray diffraction, scanning electron microscopy, pH measurement, mercury intrusion porosimetry, laser diffractometric measurement particle size distribution. that were measured include water content, void ratio, Atterberg limit, permeability, unconfined compressive strength. results indicate multitude changes in behavior clay can be explained by...
Expected utility with rank dependent probability theory is a model of decision-making under risk where the preference relations on set distributions represented by mathematical expectation function respect to transformation outcomes. This paper defines, based Gâteaux differentiability, measures aversion for such preferences which characterize relation "more averse" and applies these analysis unconditional conditional portfolio choice problems.
This paper examines the structuration and destructuration characteristics of cement-treated Singapore marine clay their relation to observed microstructural behavior. The pozzolanic reaction is found be very significant up curing periods 1year, thus unconfined compressive strength increases notably leading formation more structured treated clay. Due effect (existing cementation bond), yield stress resulting in an expansion surface failure envelope under compression shearing. observation...
The independence axiom of expected utility theory has recently been weakened to the betweenness axiom. In this paper an even weaker axiom, called mixture symmetry, is presented. corresponding functional structure such that a on part its domain and quadratic in probabilities elsewhere. experimental evidence against provides one motivation for more general presented here. Another advantage symmetric class functions it sufficiently flexible permit disentangling attitudes towards risk randomization.
Abstract IgA nephropathy (IgAN) is one of the most common primary glomerulonephritis. Previously identified genome-wide association study (GWAS) loci explain only a fraction disease risk. To identify novel susceptibility in Han Chinese, we conduct four-stage GWAS comprising 8,313 cases and 19,680 controls. Here, show associations at ST6GAL1 on 3q27.3 (rs7634389, odds ratio (OR)=1.13, P =7.27 × 10 −10 ), ACCS 11p11.2 (rs2074038, OR=1.14, =3.93 −9 ) ODF1-KLF10 8q22.3 (rs2033562, OR=1.13, =1.41...
People often forget and sometimes fantasize. This paper reports a large-scale experiment on memory errors their relation to preferential traits including time preference, attitudes toward risk ambiguity, psychological characteristics such as anticipatory feelings. We observe systematic incidences of false in favor positive events amnesia forgetting past negative events. Both delusion confabulation significantly relate present bias, but this is not the case for amnesia. In an intraperson,...
Abstract The propensity to take risk underpins a wide variety of decision-making behavior, ranging from common ones such as asking for directions and trying out new restaurant more substantial economic decisions involving, instance, one's investment or career. Despite the fundamental role attitude in economy, its genetic basis remains unknown. Using an experimental economics protocol combined with classical twin strategy, we provide first direct evidence heritability attitude, at 57%. We do...
Prospect theory proposes the hypothesis that people have diminishing sensitivity in valuing increases size of monetary outcomes, for both gains and losses. For decision-making under risk, this implies a tendency to be risk-tolerant over losses while being generally risk averse gains. We offer neurochemistry-based model valuation hypothesis. Specifically, we propose dopamine tone modulates towards serotonin Consequently, higher would yield more concave function convex Using neurogenetics...
Decision making often entails longshot risks involving a small chance of receiving substantial outcome. People tend to be risk preferring (averse) when facing significant gains (losses). This differentiation towards underpins the markets for lottery as well insurance. Both and insurance have emerged since ancient times continue play useful role in modern economy. In this study, we observe subjects' incentivized choices controlled laboratory setting, investigate their association with widely...
Trust underpins much of social and economic exchanges across human societies. In experimental economics, the Game has served as workhorse for study trust in a controlled incentivized setting. Recent evidence using intranasal drug administration, aka 'sniffing', suggests that oxytocin (OT) can function hormone facilitating other affiliative behaviors. Here we hypothesized baseline plasma OT is biomarker partially predicts degree trustworthiness observed game. Using large sample 1,158...
Creativity enables humans to adapt flexibly changing circumstances, manage complex social relations and survive prosper through social, technological medical innovations. In humans, chronic, trait-based as well temporary, state-based approach orientation has been linked increased capacity for divergent rather than convergent thinking, more global holistic processing styles original ideation creative problem solving. Here, we link cognition oxytocin, a hypothalamic neuropeptide known...
This paper unifies the two principal thrusts in literature on axiomatic theories of transitive preferences which generalize expected utility theory; namely, betweenness conforming and rank-dependent theories. The unification is achieved respects. First, new axiomatizations are provided for existing based separability restrictions outcome space. These bring into clear focus both similarities differences between Second, an axiomatization a class includes classes as special cases.
This paper is concerned with the phenomenon of preference for timing in temporal resolution uncertainty and its implications structure utility functionals defined on multiperiod consumption programs. Several postulates concerning attitudes towards are stated using a new definition premium early uncertainty. The analysis provides an axiomatic basis specifications expected more general weighted implicit models. Copyright 1989 by Economics Department University Pennsylvania Osaka Institute...