Contemporary approaches to decision making describe a decision problem by sets of states and outcomes, and a rich set … of acts: functions from states to outcomes over which the decision maker (DM) has preferences. Real problems do not come … decision making, in which the primitive objects of choice are syntactic programs. We show that if the DM's preference relation …

Trait-based personality psychology and economics have taken different approaches to understanding individual … emphasizing variables derived from formal decision theory. In a data set on trainee truckers in a large US company, we provide a … comparing the predictive power of measurements derived from personality theory and decision theory for several individual …

We present the results of an experiment involving established couples, which uses choices between lotteries to test … some economic models of household decision-making. Subjects make choices individually and jointly and are asked to make …