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On the identification of the costs of simultaneous search
Moraga-González, José Luis; Sandor, Zsolt; … - 2010
Persistent link: https://www.econbiz.de/10003989865
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On the identification of the costs of simultaneous search
Moraga-González, José Luis; Sandor, Zsolt; … - 2011 - Revised: May 2011
markets wherethe alternatives that similar decision makers confront vary, the search cost distribution and theutility …
Persistent link: https://www.econbiz.de/10011380935
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Seeing the world with different eyes
Koellinger, Philipp; Minniti, Maria; Schade, Christian D. - 2008 - Revised version (v2.0)
Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...
Persistent link: https://www.econbiz.de/10011374407
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On the optimality of regularity in mixing markovian decision rules for MDP control
Laan, Dinard van der - 2010
In this paper we study Markov Decision Process (MDP) problems with the restriction that at decision epochs only a … finite number of given Markovian decision rules may be applied. The elements of the finite set of allowed decision rules … should be mixed to improve the performance. The set of allowed Markovian decision rules could for example consist of some …
Persistent link: https://www.econbiz.de/10011380145
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On the optimality of decisions
Berk, Jan Marc; Bierut, Beata - 2004
heterogeneity of committee members, this voting rule is suboptimal in terms of the quality of the interest rate decision, but …
Persistent link: https://www.econbiz.de/10011342577
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Deal or no deal? : decision-making under risk in a large-payoff game show
Post, Thierry; Baltussen, Guido; Assem, Martijn J. van den - 2006
We examine the risky choices of contestants in the popular TV game show “Deal or No Deal” and related classroom experiments. Contrary to the traditional view of expected utility theory, the choices can be explained in large part by previous outcomes experienced during the game. Risk aversion...
Persistent link: https://www.econbiz.de/10011348343
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Gigerenzer the decided : a tale of difficult distinctions
Heukelom, Floris - 2005
. Behind the debate, it is argued, lies a fundamental different idea of how human decision-making is to be understood and …
Persistent link: https://www.econbiz.de/10011348361
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What Simon says
Heukelom, Floris - 2006
This paper provides an overview of the work of Herbert Simon and his ideas about rational decision making. By his own …’s research is how human beings organize themselves in different structures of distributed decision making in order to achieve a … view on rational decision making in economics and other social sciences. …
Persistent link: https://www.econbiz.de/10011350370
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Search theory and commuting behavior
Rouwendal, Jan - 2004
In this paper I argue that search theory is a useful addition to the way economists and geographers have approached the study of commuting behavior. This is illustrated by showing that introduction of a spatial element into the standard model of job search leads to the prediction of critical...
Persistent link: https://www.econbiz.de/10011334847
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An empirical equilibrium search model of the labour market
Berg, Gerard van den; Ridder, Geert - 1993
Persistent link: https://www.econbiz.de/10000122514