Case-Based Investing: Stock Selection Under Uncertainty

• Main Author: Randoc, Benjamin
• Format: text
• Published: Archīum Ateneo 2017
• Subjects: Analogical reasoning; Case-based decision; Similarity; Stock selection; Economics
• Online Access: https://archium.ateneo.edu/economics-faculty-pubs/189; https://www.sciencedirect.com/science/article/pii/S2214635017301090?via%3Dihub#!
• Institution: Ateneo De Manila University

Case-based decision theory (Gilboa and Schmeidler, 1995) predicts that given a new problem, a decision maker will act based on the memory of actions and outcomes in past similar situations. The concept of similarity plays a central role in explaining behavior. Unlike expected utility theory, case-ba...