{"id":4922,"date":"2014-12-05T13:07:29","date_gmt":"2014-12-05T18:07:29","guid":{"rendered":"http:\/\/www.decisionsciencenews.com\/?p=4922"},"modified":"2014-12-06T13:07:47","modified_gmt":"2014-12-06T18:07:47","slug":"visualize-prospect-theory","status":"publish","type":"post","link":"https:\/\/www.decisionsciencenews.com\/?p=4922","title":{"rendered":"Visualize Prospect Theory"},"content":{"rendered":"<p>INTERACTIVE R TOOL FOR GRAPHING PROSPECT THEORY AND MORE<\/p>\n<p style=\"text-align: center;\">\n<a href=\"http:\/\/www.decisionsciencenews.com\/wp-content\/uploads\/2014\/12\/pt.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4923\" src=\"http:\/\/www.decisionsciencenews.com\/wp-content\/uploads\/2014\/12\/pt.png\" alt=\"pt\" width=\"485\" height=\"201\" \/><\/a>\n<\/p>\n<p>Dan Wall from Columbia University&#8217;s <a href=\"http:\/\/www8.gsb.columbia.edu\/decisionsciences\/\">Center for the Decision Sciences<\/a> (*) writes in that he&#8217;s developed a new Web app using <a href=\"http:\/\/shiny.rstudio.com\/\">Shiny<\/a> and <a href=\"http:\/\/www.rstudio.com\/\">RStudio<\/a>. It allows users to edit Prospect Theory and Quasi-Hyperbolic Time Discounting Parameters and see the resulting changes to the graphs.<\/p>\n<p>Try it out!<\/p>\n<p><a href=\"https:\/\/decisionsciences.shinyapps.io\/Shiny\/pt_qtd_shiny.Rmd\">https:\/\/decisionsciences.shinyapps.io\/Shiny\/pt_qtd_shiny.Rmd<br \/>\n<\/a><\/p>\n<p>We find that it&#8217;s great for learning about the function and also great for generating Prospect Theory graphs to include in articles and chapters!<\/p>\n<p>Dan used <a href=\"https:\/\/www.shinyapps.io\">shinyapps<\/a> to publish it to the website. <\/p>\n<p>(*) Shout out to CDS, where Decision Science News was launched about a decade ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cool Prospect Theory Visualizer draws the curves for you. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[13,74],"tags":[185,150,52,208,82,354,203,53,1013,1208,1014,1015,1012,1206,303,1016,734],"class_list":["post-4922","post","type-post","status-publish","format-standard","hentry","category-programs","category-r","tag-center","tag-columbia","tag-decision","tag-goldstein","tag-jdm","tag-johnson","tag-judgment","tag-making","tag-prospect","tag-r","tag-rstudio","tag-sciences","tag-shiny","tag-sjdm","tag-theory","tag-wall","tag-weber"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4LKj-1ho","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4922"}],"version-history":[{"count":2,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4922\/revisions"}],"predecessor-version":[{"id":4925,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts\/4922\/revisions\/4925"}],"wp:attachment":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}