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Prior research suggests that those who rely on intuition rather than effortful reasoning when making decisions are less averse to risk and ambiguity. The evidence is largely correlational, however, leaving open the question of the direction of causality. In this paper, we present experimental...
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procedure. At any given trial, the decision maker deliberately randomizes over mental categories and chooses the best item … decision maker picks the default option. We provide the necessary and sufficient conditions that characterize this model in a …
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In this paper, I seek to establish a framework in which solutions to imperfect recall decision problems can be suitably … optimal extended strategies. Also, I discuss further issues in decision theory with imperfect recall, including the prospects …
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In this paper, I study decision theory in the presence of imperfect recall. I use an extension of the standard strategy …
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