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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...
Persistent link: https://www.econbiz.de/10010200793
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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Behavioral Decision Analysis - Past, Present and Future -- Behavioral Decision Research: Descriptive and Prescriptive … environmental decision problems -- Team decision making. …This book lays out a foundation and taxonomy for Behavioral Decision Analysis, featuring representative work across …
Persistent link: https://www.econbiz.de/10014544893
between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on …
Persistent link: https://www.econbiz.de/10014323610
This book offers a self-contained introduction to the world of robust combinatorial optimization. It explores decision …
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