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.e., strategic gamesʺ. Mathematical game theory gives a benchmark for rational decisions in such situations. The strategic character … situations where these strategies improve the effects of minimax-strategies that are used in cases of risk-aversion. …
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Bracketing is a mental procedure about how people deal with multiple tasks. If a decision maker handles all the tasks at the same time, it is called broad bracketing. If she handles the tasks separately, e.g., one or a few tasks each time, it is called narrow bracketing. This paper...
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The opportunity to voice one's opinion about a decision is a fundamental aspect of procedural fairness and applies to a … those who can voice their opinion. We study the latter effect in a laboratory experiment. More precisely, we analyze the …
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incentivized laboratory experiment, an impartial decision maker at first decides about the allocation of money between two …
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