Search Results - subject:"case-based decision theory"

Guilfoos, Todd; Pape, Andreas D. - In: Games 11 (2020) 3, pp. 1-25

We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...

Persistent link: https://www.econbiz.de/10013200036

Estimating case-based learning

Guilfoos, Todd; Pape, Andreas D. - In: Games 11 (2020) 3/38, pp. 1-25

Persistent link: https://www.econbiz.de/10012432206

Inductive inference with incompleteness

Alon, Shiri; Bavly, Gilad; Gayer, Gabrielle - In: Games and economic behavior 132 (2022), pp. 576-591

Persistent link: https://www.econbiz.de/10013337385

The impact of online consumer reviews on online sales : the case-based decision theory approach

Huang, M.; Pape, Andreas D. - In: Journal of consumer policy : consumer issues in law, … 43 (2020) 3, pp. 463-490

Persistent link: https://www.econbiz.de/10012296618

Correlation neglect and case-based decisions

Radoc, Benjamin; Sugden, Robert; Turocy, Theodore L. - In: Journal of risk and uncertainty : JRU 59 (2019) 1, pp. 23-49

Persistent link: https://www.econbiz.de/10012308961

Reason, Intuition, and Time

Sahm, Marco; von Weizsäcker, Robert K. - 2014

, agents can either decide rationally according to expected utility theory or intuitively according to case-based decision … theory. Rational decisions are more precise but create higher costs, though these costs may decrease over time. We find that …

Persistent link: https://www.econbiz.de/10010480864

Reason, intuition, and time

Sahm, Marco - 2014 - This version: December 4, 2014

Persistent link: https://www.econbiz.de/10010464891

Reason, Intuition, and Time

Sahm, Marco; Weizsäcker, Robert K. von - CESifo - 2014

Persistent link: https://www.econbiz.de/10011103391

Noisy retrievers and the four-fold reaction to rare events

Marchiori, Davide; Guida, Sibilla Di; Erev, Ido - Dipartimento di Management, Università Ca' Foscari Venezia - 2013

Previous research documents two pairs of inconsistent reactions to rare events: 1) Studies of probability judgment reveal conservatism which implies overestimation of rare events, and overconfidence which implies underestimation of rare events. 2) Studies of choice behavior reveal overweighting...

Persistent link: https://www.econbiz.de/10010643629

Evaluating Case-based Decision Theory: Predicting Empirical Patterns of Human Classification Learning (Extensions)

Pape, Andreas; Kurtz, Kenneth - Volkswirtschaftliche Fakultät, … - 2013

We introduce a computer program which calculates an agent’s optimal behavior according to Case-based Decision Theory … decision-making on this set of problems. We find: (1) The choice behavior of this program (and therefore Case-based Decision … Theory) correctly predicts the empirically observed relative difficulty of problems and speed of learning in human data. (2 …

Persistent link: https://www.econbiz.de/10011258337