-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance …

-to-pay (WTP) a premium for non-GM foods in order to assess their valuation of the non-GM characteristic in food products. Mean WTA … exceeds mean WTP, a finding that suggests the valuation of the non-GM characteristic reflects an endowment effect, imperfect …

of puzzles: Do gains vs. losses domains affect the decision processes in foreign policy decision making? If so, in what … American subjects first and then replicating the same experiment with subjects in mainland China. In terms of research …

, heuristics and biases affect human decision-making. This work adds to these findings by providing empirical evidence for …) and outcomes (valuation of outcomes relative to a reference point. - The use of information heuristics, i.e. the influence … erlauben die Anwendung normativer Ansätze aus der Entscheidungstheorie. Diese Arbeit zeigt auch, warum Poker mit Handel an …