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Forgetful updating and stubborn decision-makers
Hu, Tai-Wei - In: Economic theory 75 (2023) 3, pp. 781-802
Persistent link: https://www.econbiz.de/10014259053
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Learning with limited memory : Bayesianism vs heuristics
Chatterjee, Kalyan; Hu, Tai-Wei - In: Journal of economic theory 209 (2023), pp. 1-29
Persistent link: https://www.econbiz.de/10014371739
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Some cognitive biases during go-playing or how behavioral economics could teach us how to be better go players
Avram, Laura-Augustina - In: Review of economic studies and research Virgil Madgearu 11 (2018) 2, pp. 33-59
Persistent link: https://www.econbiz.de/10011977854
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Behavioral biases and the law
Luppi, Barbara - In: Review of law and economics : publ. in cooperation with … 17 (2021) 2, pp. 453-464
Persistent link: https://www.econbiz.de/10012806417
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Concentration bias in intertemporal choice
Dertwinkel-Kalt, Markus; Gerhardt, Holger; Riener, Gerhard - 2021
disadvantages are dispersed over numerous periods. We provide novel experimental evidence for "concentration bias", the tendency to … days in exchange for a bonus that is concentrated in time: concentration bias increases subjects' willingness to work by 22 … monetary payments, we study the mechanisms behind concentration bias and demonstrate the robustness of our findings. …
Persistent link: https://www.econbiz.de/10012500576
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Beyond quantified ignorance : rebuilding rationality without the bias bias
Brighton, Henry - 2019
If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely unquantifiable, where do we end up? In this article the author argues that we arrive at a statistical, normative, and cognitive theory of ecological rationality. The main casualty of...
Persistent link: https://www.econbiz.de/10011990913
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Do firms endowed with greater strategic capability earn higher profits?
Zhou, Bo; Mela, Carl F.; Amaldoss, Wilfred - In: Journal of marketing research : JMR 52 (2015) 3, pp. 325-336
Persistent link: https://www.econbiz.de/10011292909
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Salience and strategy choice in 2 × 2 games
Leland, Jonathan W.; Schneider, Mark - In: Games 6 (2015) 4, pp. 521-559
We present a model of boundedly rational play in single-shot 2 × 2 games. Players choose strategies based on the perceived salience of their own payoffs and, if own-payoff salience is uninformative, on the perceived salience of their opponent's payoffs. When own payoffs are salient, the model's...
Persistent link: https://www.econbiz.de/10011383906
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Are we strategically naïve or guided by trust and trustworthiness in cheap-talk communication?
Li, Xiaolin; Özer, Özalp; Subramanian, Upender - In: Management science : journal of the Institute for … 68 (2022) 1, pp. 376-398
Persistent link: https://www.econbiz.de/10012821182
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Behavioral game theory
Golman, Russell (ed.) - 2020
How do interacting decision-makers make strategic choices? If they're rational and can somehow predict each other's behavior, they may find themselves in a Nash equilibrium. However, humans display pervasive and systematic departures from rationality. They oft􀀵en do not conform to the...
Persistent link: https://www.econbiz.de/10012586913