A general framework is described specifying how boundedly rational decision makers generate their choices. Starting … decision routines (by applying New Problem Solver). Our admittedly bold attempt is loosely related to some stylized …

preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …

by 8 - 15% compared to only offering a pay-per-use contract. -- access services ; pricing contracts ; decision biases …

thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces … decision times and perceived decision quality but does not alter search length. Only very inexperienced decision-makers buy …

are information seeking otherwise. Because belief updating depends on the decision problem in which new information is …

This paper presents novel evidence for the prevalence of deviations from rational behavior in human decision making …