Showing 1 - 9 of 9
The power-to-take game is a simple two player game where players are randomly divided into pairs consisting of a take authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment preceding the take game. The game consists of two...
Persistent link: https://www.econbiz.de/10005181557
Persistent link: https://www.econbiz.de/10010706984
This experimental study is concerned with the impact of the timing of the resolution of risk on people’s willingness to take risks, with a special focus on the role of affect. While the importance of anticipatory emotions has so far been only inferred from decisions regarding hypothetical...
Persistent link: https://www.econbiz.de/10008583738
Two rationality arguments are used to justify the link between conditional and unconditional preferences in decision theory : dynamic consistency and consequentialism. Dynamic consistency requires that ex ante contingent choices are respected by up dated preferences. Consequentialism states that...
Persistent link: https://www.econbiz.de/10011071929
The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk averse variational preferences. A sufficient condition for existence of efficient allocations is that the relative interiors of the risk adjusted sets of expectations overlap. This...
Persistent link: https://www.econbiz.de/10011072068
This protocol repositions the formation of the decision of the listeners in the context of a dynamic model of decision making. This experimental learning allows students aware of several parameters: - The strategy of research and information acquisition (sequential or direct) information about...
Persistent link: https://www.econbiz.de/10011072203
« Le budget est le fléau des directions générales américaines. Il n'aurait jamais du exister. Faire un budget est un exercice de minimisation car tout le monde est occupé à négocier les chiffres les plus faibles possible » . Le propos est clair et sans appel. Il émane de Jack Welsh, un...
Persistent link: https://www.econbiz.de/10011072955
Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality concepts, we conduct a dynamic extension of Ellsbergʼs...
Persistent link: https://www.econbiz.de/10011073068
Introduction au numéro spécial RFG-AIMS. Compilation de recherches francophones en management stratégique contribuant à la réflexion sur la manière dont cette discipline se saisit de l'incertitude contextuelle et générique.
Persistent link: https://www.econbiz.de/10011073320