We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity … complexity, which increases when suboptimal alternatives become more similar to optimal ones. We develop a satisficing …, as the object complexity of an optimal (suboptimal) alternative increases, it becomes less (more) likely to be chosen …

In his paper Emotion and reasoning in human decision-making (Economics Discussion Papers, No 2019-8) Edmund Rolls …

characterized by complexity but as ones requiring courage. Several other notable differences in decisionmaking style also emerged …

efficiently. The complexity of household structures, including multi-generation and polygynous households, is taken into account … allocations is not rejected in models that allow more than two household members to have agency in decision-making. In contrast … decision-making within complex households.Institutional subscribers to the NBER working paper series, and residents of …

efficiently. The complexity of household structures, including multi-generation and polygynous households, is taken into account … allocations is not rejected in models that allow more than two household members to have agency in decision-making. In contrast … decision-making within complex households …