If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …

This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …

We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an …, which contradicts most theories of choice such as expected utility but is consistent with a theory of responsibility … pattern that is also consistent with this theory and entails substantial allocative consequences. …

We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an … allocative consequences. The findings are consistent with our theory of responsibility aversion. …

by many theories of choice and implies that the decision-maker prefers receiving the best outcome for sure over all … treatments where decision-makers are asked to submit multiple decisions without knowing which one is relevant, many participants … decision. A large data set on (high-stake) university applications in Germany shows patterns that are consistent with a …

A theory of when to defer a decision is proposed, according to which a decision maker defers if and only if his … confidence in the relevant beliefs does not match up to the stakes involved in the decision. It uses the model of confidence in … of preferences is interpreted as taking the deferral option. Then the question of what the decision maker would do if he …

The basic axioms or formal conditions of decision theory, especially the ordering condition put on preferences and the … from the methods and results of decision theory). To give the strategy more structure, philosophers have developed ….e., it is duly developed using the available tools of decision theory). We find that the strategy passes the test imperfectly …