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framework of game theory in order to better fit with the results of rapidly increasing laboratory experiments concerned with …
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his contributions to game theory are well-known, the behavioral side of his scientific work has received less public …
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neuroeconomics, the book provides explanations of findings in neuroeconomics in chapters on prospect theory (a major decision theory … II Prospect Theory and Bounded Rationality -- 3 Economic Behavior Under Uncertainty -- 4 Prospect Theory -- 5 Bounded … Rationality -- Part III: Time-Discounting and Social Preferences -- 6 Intertemporal Behavior -- 7 Learning Theory and Experiments …
Persistent link: https://www.econbiz.de/10012397134
. The central theory underlying this study is prospect theory, an adequate model to predict the real and most often bounded … economics or organizational theory. · Practitioners such as managers and consultants interested in decision making processes …
Persistent link: https://www.econbiz.de/10014016242
This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the...
Persistent link: https://www.econbiz.de/10013520741
This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It … standard decision theories like expected utility or cumulative prospect theory. …This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It …
Persistent link: https://www.econbiz.de/10013520645
This book sets the agenda to turn behavioral economics, which has long been considered a subordinate discipline, into mainstream economics. Ghisellini and Chang expose the conceptual and empirical inadequacy of conventional economics using illustrations of real world decision-making in a dynamic...
Persistent link: https://www.econbiz.de/10012396820
Chapter 1 Introduction -- Chapter 2 Demand, Technology, and the Theory of the Firm -- Chapter 3 Introductory Game … Theory and Economic Information -- Chapter 4 Behavioral Economics -- Chapter 5 Perfect Competition and Market Imperfections ….This text puts more emphasis on the micro-foundations (i.e., consumer and producer theory),classic game theoretic models, and …
Persistent link: https://www.econbiz.de/10014016020
Das Versagen der ökonomischen Theorie in der Praxis- Beispiele -- Analyse der Gründe und Ursachen -- Berücksichtigung … Wirklichkeit immer wieder? Was sind die Schwachstellen der aktuellen ökonomischen Theorie? Wie kann man bessere Modelle für die …
Persistent link: https://www.econbiz.de/10014020076