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odds fixed by bookmakers, and consequently on prices’ structure. Moreover, we also discuss bettors’ rationality and we show …
Persistent link: https://www.econbiz.de/10010705800
Audit decision in risk situations was studied by researchers using normative and descriptive approaches issued from mathematics and economic sciences. We explain the impact of psycholgy resarch conduced by Kahneman and Tversky on the approach of auditors judgment.
Persistent link: https://www.econbiz.de/10010707582
This paper focuses on the link between the economic conceptions of rationality and learning. Traditionally, most … is not the process of learning, but the result of learning: ‘a fully rational agent’. Heterodox rationality conceptions … such as the Simonian model of bounded rationality seem more compatible with the idea of learning. Bounded rationality …
Persistent link: https://www.econbiz.de/10010708334
about economics—namely, alternative assumptions about individual rationality and the role of social efficiency—influence our …
Persistent link: https://www.econbiz.de/10011073334