Showing 1 - 8 of 8
In many decision scenarios, one has to choose an element from a set S given some reference point e. For the case where S is a subset of the Euclidean space , we axiomatize the choice method that selects the point in S that is closet to e.
Persistent link: https://www.econbiz.de/10005783645
The aim of this paper is to demonstrate that the requirement that preferences be definable ca be analyzed fruitfully in formal terms. More specifically, the paper provides an exemple of a formal investigation of the connection between a decision maker's language and the set of definable preferences.
Persistent link: https://www.econbiz.de/10005783662
This paper deals with repeated decision problems which are similar to the task of guessing the color outcomes of five independent spinnings of a roulette wheel, 60% of whose slots are covered in red and 40% in white, where each correct guess yields a prize of 1$.
Persistent link: https://www.econbiz.de/10005783679
The paper questions the methodology of "economics and psychology". It focuses on the case of hyperbolic discounting. Using some experimental results, I argue that the same sort of evidence which rejects the standard constant discount utility functions can just as easily reject hyperbolic...
Persistent link: https://www.econbiz.de/10005675355
Debates often serve as intitutions of mechanisms for resolving conflicts and making decisions. In this paper , we present a simple model in order to explain two phenomena concerning debate rules.
Persistent link: https://www.econbiz.de/10005675399
We classify the responses to owr paper " On the Interpretation of Decision Problems with Imperfect Recall" and address some of the points raised.
Persistent link: https://www.econbiz.de/10005675405
The paper questions the methodology of "economics and psychology". It focuses on the case of hyperbolic discounting. Using some experimental results, I argue that the same sort of evidence which rejects the standard constant discount utility functions can just as easily reject hyperbolic...
Persistent link: https://www.econbiz.de/10005489281
The fate of a paper has to be determined. It can be either accepted or rejected. Each member from among group of referees has an opinion regarding the acceptability of the paper. The desirable outcome, is the view held by the majority of referees . Howver, any referee, if asked to make a...
Persistent link: https://www.econbiz.de/10005646856