dramatic consequences. To test whether the overconfidence bias affects the decision of backcountry skiers to go on a ski trip …

decisions. In this challenge, they confront two questions: what decision theory to follow and how to implement it in AI systems …. This paper provides answers to these questions and makes three contributions. The first is to discuss how economic decision … consideration of procedural rationality, overcoming computational difficulties, and understanding decision-making in disequilibrium …

We refine modelling of the radical innovation decision in this paper by extending real option theory to include non …-marginal stochastic jump processes are the most important parameters in this highly uncertain decision process. We show that these …

to a better understanding of the role of cognitive skills in decision making under uncertainty. -- subjective … expectations ; probabilities ; dual system decision making ; cognitive skills ; cognitive economics …

The existing literature suggests that when the saving decision of two-earner households under risk is analysed … stringent conditions hold. This paper shows that when the two-earner household's saving decision is formulated more generally …

about the invested amount. The low frequency treatment stimulates decision makers to frame a sequence of risky decisions …

We investigate one possible explanation for observed rates of corrupt behavior namely that individual decision makers …

migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution …