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The standard model of rational risky decision-making
Falahati, Kazem - In: Journal of risk and financial management : JRFM 14 (2021) 4, pp. 1-22
Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under …
Persistent link: https://www.econbiz.de/10012520657
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Rationality and uncertainty
Postlewaite, Andrew; Schmeidler, David - In: Rivista internazionale di scienze sociali 120 (2012) 3, pp. 289-294
Persistent link: https://www.econbiz.de/10010200248
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Risk and rationality: the relative importance of probability weighting and choice set dependence
Bruhin, Adrian; Manai, Maha; Santos-Pinto, Luís - 2018
Persistent link: https://www.econbiz.de/10011919043
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Human behavior and Austrian economics
Dierks, Leef H. - In: The Emergence of a Tradition: Essays in Honor of Jesús …, (pp. 83-87). 2023
Persistent link: https://www.econbiz.de/10014309329
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Axiom preferences and choice mistakes under risk
Herweg, Fabian; Hippel, Svenja; Müller, Daniel; … - 2024
preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …
Persistent link: https://www.econbiz.de/10014556632
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Pleasure and belief in hume's decision process
Diaye, Marc-Arthur; Lapidus, André - In: The European journal of the history of economic thought 19 (2012) 3, pp. 355-384
Persistent link: https://www.econbiz.de/10009614412
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The interaction of intuition and rationality during escalated NPD decisions : an investigation of decision-makers’ affective states
Röth, Tobias; Spieth, Patrick; Joachim, Verena - In: International journal of innovation management 24 (2020) 4, pp. 2050033-1-2050033-31
Persistent link: https://www.econbiz.de/10012252113
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Decisions, preferences, and heuristics : an introduction to economic psychology and behavioral economics
Mir Artigues, Pere - 2023
ecological rationality research program, it presents the main factors that determine economic choices, before exploring the most … algorithms applied by people in decision-making processes, among which there are outstanding social concerns. Drawing these … of economics, management and the wider social sciences curious about decision-making procedures"-- …
Persistent link: https://www.econbiz.de/10014372512
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Fast then slow : a choice process explanation for the attraction effect
Gaudeul, Alexia; Crosetto, Paolo - 2019
In this paper we provide choice-process experimental evidence that the attraction effect is a short-term phenomenon, that disappears when individuals are given time and incentives to revise their choices. The attraction (or decoy) effect is the most prominent example of context effects, and it...
Persistent link: https://www.econbiz.de/10012135537
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Characterising the choice environment : feeling constrained as an impediment to happiness
Guthrie, Katherine; Sokolowsky, Jan - In: International journal of happiness and development 1 (2013) 3, pp. 261-273
Persistent link: https://www.econbiz.de/10010338895