Narrow search
Showing 1 - 10 of 1,291
Cover Image
Deriving belief operators from preferences
Asheim, Geir B. - 2000
A belief operator derived from preferences is presented. It generalizes ‘belief with probability1’ to incomplete preferences and satisfies minimal requirements for belief operators under weak conditions.
Persistent link: https://www.econbiz.de/10010284299
Cover Image
The semantics of preference-based belief operators
Asheim, Geir B.; Søvik, Ylva - 2003
We show how different kinds of belief operators derived from preferences can be defined in terms an accessibility relation of epistemic priority, and characterized by means of a vector of nested accessibility relations. The semantic structure is used to reconcile and compare certain non-standard...
Persistent link: https://www.econbiz.de/10010284443
Cover Image
Buying online: Sequential decision making by shopbot visitors
Dulleck, Uwe; Hackl, Franz; Weiss, Bernhard; … - 2008
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10010294006
Cover Image
Buying Online: Sequential Decision Making by Shopbot Visitors
Weiss, Bernhard; Dulleck, Uwe; Hackl, Franz; … - 2008
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10010294849
Cover Image
Do consumers prefer offers that are easy to compare? An experimental investigation
Crosetto, Paolo; Gaudeul, Alexia - 2011
Consumers make mistakes when facing complex purchasing decision problems but if at least some consumers choose only …
Persistent link: https://www.econbiz.de/10010286459
Cover Image
Meaning and function in the theory of consumer choice: dual selves in evolving networks
Herrmann-Pillath, Carsten - 2010
Building on the philosophy of Charles Sanders Peirce, recent advances in biosemiotics have resulted into a concise framework for the analysis of signs in living systems. This paper explores the potential for economics and shows how biosemiotics can integrate two different research agendas, each...
Persistent link: https://www.econbiz.de/10010303838
Cover Image
The (un)compromise effect
Ekström, Mathias - 2018
suggested donations were present or not. Hence, by only providing informative end points, organizations can affect decision …
Persistent link: https://www.econbiz.de/10011917091
Cover Image
Updating ambiguity averse preferences
Hanany, Eran; Klibanoff, Peter - 2008
Dynamic consistency leads to Bayesian updating under expected utility. We ask what it implies for the updating of more general preferences. In this paper, we characterize dynamically consistent update rules for preference models satisfying ambiguity aversion. This characterization extends to...
Persistent link: https://www.econbiz.de/10010266275
Cover Image
Dynamic choice under ambiguity
Siniscalchi, Marciano - 2006
This paper analyzes sophisticated dynamic choice for ambiguity-sensitive decision makers. It characterizes Consistent … Planning via axioms on preferences over decision trees. Furthermore, it shows how to elicit conditional preferences from prior … decision models and updating rules. Hence, the results indicate that (i) ambiguity attitudes, (ii) updating rules, and (iii …
Persistent link: https://www.econbiz.de/10010266318
Cover Image
An experimental study on strategic preference formation in two-sided matching markets
Shimada, Natsumi - 2022
We study an experiment of the students-proposing deferred acceptance mechanism (DA) in matching markets where firms are matched with students. We investigated the two different situations: (i) Students know firms' preferences and firms submit their true preference, (ii) Students know firms'...
Persistent link: https://www.econbiz.de/10013349612