prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …

inclination to choose one of the actions. Due to influence among players, the final decision of a player, i.e., his choice of one … influence another player with different inclination, and as a result of this influence, the decision of the player is closer to …

each agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may …

We develop an axiomatic approach to decision under uncertainty that explicitly takes into account the information … available to the decision maker. The information is described by a set of priors and a reference prior. We define a notion of … imprecision for this informational setting and show that a decision maker who is averse to information imprecision maximizes the …

We review recent advances in the field of decision making under uncertainty or ambiguity. …