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Impaired decision behavior of schizophrenia patients has been repeatedly observed. We investigated the aspects of the …, using the process tracing paradigm Mouselab, which allows for an in-depth exploration of various decision-making processes … ambiguous nature of the task, unjustified confidence. Both groups mainly used weighted additive decision strategies for …
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We provide an information-based theory of matching efficiency fluctuations. Rationally inattentive firms have limited capacity to process information and cannot perfectly identify suitable applicants. During recessions, higher losses from hiring unsuitable workers cause firms to be more...
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, social learning, and financial decision-making. Individuals in our model are permitted to appreciate and use the information …
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, such as decision under Knightian uncertainty, the dynamics of economic (in)stability, and the voters’ preferences over …
Persistent link: https://www.econbiz.de/10012130847
Behavioral economics characterizes decision-makers using psychologically-informed models. Cognitive science produces …
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