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Hypothetical bias is a long-standing issue in stated preference and contingent valuation studies—people tend to overstate their preferences when they do not experience the real monetary consequences of their decision. This view, however, has been challenged by recent evidence based on the...
Persistent link: https://www.econbiz.de/10011072784
different, other types of free-rider problem can occur, which can preclude coordination. …
Persistent link: https://www.econbiz.de/10010706791
au moins si le nombre de pays est supérieur à deux. Quand la coordination est partielle (quelques pays forment une … différents régimes possibles : absence de coordination, coordination partielle, coordination totale. Nous montrons alors que …, conformément aux enseignements de la théorie des jeux, la coordination de tous n’est pas nécessairement Pareto-optimale, ni même la …
Persistent link: https://www.econbiz.de/10011073555
We consider repeated game forms with incomplete information and state dependent signalling structure. We study the … information a player can learn about the state of nature through a communication procedure, in a way robust to unilateral …
Persistent link: https://www.econbiz.de/10010707507
Many empirical and behavioral studies identify a decreasing slope in the term structure of subjective discount rates. Using an experimental methodology based on “free-time” relative comparisons, this paper aims to identify in individual behaviors whether agents see their psychological value...
Persistent link: https://www.econbiz.de/10011246085
ELECTRE TRI is a method designed to sort alternatives evaluated on several criteria into ordered categories. The original method uses limiting profiles. A recently introduced variant uses central profiles. We study the relations between these two variants. We do so by investigating if an ordered...
Persistent link: https://www.econbiz.de/10010742277
This article provides an overview of the literature on the psychological value of time. It discusses various determinants of the discount rate and the possibility of hyperbolic discounting. The historical approach helps us to trace the origins of the concept of psychological value of time. This...
Persistent link: https://www.econbiz.de/10010742289
Strategy is made of moves, counter-moves, adjustments, actions and reactions. It is founded on an ever-changing external and internal context where numerous actors continuously modify the rules of the game. In these contexts, managers can’t rely on effective planned processes. They have to...
Persistent link: https://www.econbiz.de/10010706745
Many empirical and behavioral studies underline the idea of a non-flat term structure of subjective interest rates with a decreasing slope. Using an empirical test, this paper aims at identifying in individual behaviors whether agents see their psychological value of time decreasing or not. We...
Persistent link: https://www.econbiz.de/10011072480
This paper aims at providing a brief overview of the experimental method’s principles to researchers who face for the first time the use an experimental design. The purpose is also to guide them to a better understanding of the basic notions of control and threats to validities. Thus, they...
Persistent link: https://www.econbiz.de/10011073405