As procurement auctions increasingly move to digital platforms, more data and information is available (or can be made available) to bidders. Despite this trend, relatively little is known about the impact of information asymmetries in these settings. We investigate two such differences in...

Despite the importance of probability assessment methods in behavioral decision theory and decision analysis, little attention has been directed at evaluating their reliability and validity. In fact, no comprehensive study of reliability has been undertaken. Since reliability is a necessary...

ln this study we compare the probability judgment accuracy of subjects from the United States and Turkey. Three different response modes were employed - numerical probabilities, pie diagrams, and odds. The questions employed in the study were restricted to two-alternative. general-knowledge...

Purpose – The present paper examines the effects of two decision‐framing inductions on young adults' set of career options: first, whether young adults use abilities or interests as the grounds for their vocational choices and, second, whether young adults approach the decision‐making task...