Under what circumstances is it necessary or convenient for an agent to rely on habits and rules? This paper focuses on the types of decision situation giving rise to their use. Even optimisation requires the development of rules, and for this reason mainstream economics cannot legitimately...

The current documents attempts to establish the possible presence of the "Mohring" effect on the Pumakatari mass transport system created by the Municipal Government of La Paz on 2014. It begins estimating the utility function, as established on the theory of discreet elections and McFadden's...

The current documents attempts to establish the possible presence of the "Mohring" effect on the Pumakatari mass transport system created by the Municipal Government of La Paz on 2014. It begins estimating the utility function, as established on the theory of discreet elections and McFadden's...

En este trabajo presentamos una reformulación de un lema de Lippman y McCall –inicialmente planteado para una única variable aleatoria– que permite que sea aplicado al caso de varias variables aleatorias, e ilustramos su utilización en la teoría de la empresa bajo incertidumbre. Llevamos...

Se realiza una revisión de literatura sobre la aversión al riesgo en la toma de decisiones médicas. Se presenta la aversión al riesgo desde las teorías de la utilidad esperada subjetiva y desde la utilidad esperada basada en rangos. Se revisan las metodologías de medición de la aversión...

En la investigación se desarrolla un juego, dentro de la línea de economía experimental, utilizando un esquema de utilidad esperada, que es aplicado a 108 participantes. En particular, se busca evaluar la premisa de que, frente a un escenario de incertidumbre sobre las habilidades de los...

In this paper we present a reformulation of a lemma due to Lippman and McCall - initially formulated a unique random variable - to be applied to the case of several random variables, and we illustrate its use in the theory of the firm under uncertainty. We have performed this on a recent model...

The main purpose of this paper is to study the problem created by the lack of information about the credit history of some debtors in the databases used to develop credit scoring models and the use of information about behavior compiled by a credit risk register as a potential solution to the...