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Analysis of Behavioral Economics in Crowdsensing: A Loss Aversion Cooperation Model
2018
Scientific Programming
The existing incentive mechanisms of crowdsourcing construct the expected utility function based on the assumption of rational people in traditional economics. A large number of studies in behavioral economics have demonstrated the defects of the traditional utility function and introduced a new parameter called loss aversion coefficient to calculate individual utility when it suffers a loss. In this paper, combination of behavioral economics and a payment algorithm based on the loss aversion
doi:10.1155/2018/4350183
fatcat:muffitxotnc4voak67i7snmvjy