We introduce a dynamic model of emotional behavior regulation that can generalize to a wide range of decision dilemmas …. Dilemmas are characterized by availability of mutually exclusive goals that a decision maker is dually motivated to pursue. In … observed between so-called “preferences” revealed in repeated decision dilemmas (e.g., by choosing A over B at time 1, then …

between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on … incorrect identification strategies. We conduct an experiment to investigate the factors that drive violations of consistency …

This chapter focuses on the role of basic thinking processes in everyday economic decision making …

According to normative decision theory there exists a principle of procedure invariance which states that a decision … maker's preference order should remain the same, independently of which response mode is used. For example, the decision … research in behavioral decision making has suggested that judgments and choices yield different preference orders in both the …

moral costs associated with distorting judgment. In our experiment, two participants compete for a prize; a referee picks … judgment. When the referee keeps the bribes regardless of the winner, bribes no longer influence her decision. A field … experiment in an Indian market confirms these results. These findings imply that our participants are influenced by bribes out of …