A philosophical and formal analysis of pairwise preferences. Discussions of symbolic representation and computation more generally. Development of various types of analyses which can be performed on pairwise preference data and their properties

This study examines the herding behavior of individuals in the context of their willingness to strategically default on a mortgage based on the (falsely) observed behavior of those around them. We find that homeowners are easily persuaded to follow the herd and adopt a strategic default...

When making choices, decision makers often either lack information about alternatives or lack the cognitive capacity to analyze every alternative. To capture these situations, we formulate a framework to study behavioral search by utilizing the idea of consideration sets. Consumers engage in a...

Im Jahr 2006 haben etwa 155 000 Deutsche ihr Land verlassen - mehr als je zuvor, sieht man einmal von der Auswanderungswelle der Nachkriegszeit in den 50er Jahren ab. Allerdings kehren auch viele Deutsche in ihre Heimat zurück. Obwohl die Frage nach den Ursachen für diesen Anstieg mittlerweile...

Economic analysis has said little about how an individual's cognitive skills (CS's) are related to the individual's preferences in different choice domains, such as risk-taking or saving, and how preferences in different domains are related to each other. Using a sample of 1,000 trainee truckers...