Narrow search
Showing 1 - 10 of 2,880
Cover Image
Rational Inattention in Hiring Decisions
Acharya, Sushant - 2019
We provide an information-based theory of matching efficiency fluctuations. Rationally inattentive firms have limited capacity to process information and cannot perfectly identify suitable applicants. During recessions, higher losses from hiring unsuitable workers cause firms to be more...
Persistent link: https://www.econbiz.de/10012892802
Cover Image
The Allais paradox : what it became, what it really was, what it now suggests to us
Mongin, Philippe - 2018
much with the rationality of choices as with the rationality of the agent as a person. These two claims are buttressed by a … experimental definition of rationality", this new use consists in letting the experiment itself speak of the rationality or …
Persistent link: https://www.econbiz.de/10012120707
Cover Image
A theory of rational attitude polarization
Benoît, Jean-Pierre; Dubra, Juan - 2016 - Revised January, 2016
Persistent link: https://www.econbiz.de/10011533905
Cover Image
Mind, Rationality, and Cognition : An Interdisciplinary Debate
Chater, Nick - 2017
This article features an interdisciplinary debate and dialogue about the nature of mind, perception, and rationality … biology — offer critiques and commentaries of a target article by Felin, Koenderink, and Krueger: “Rationality, Perception … concerning rationality and the all-seeing-eye argument, including the nature of judgment and reasoning, biases versus heuristics …
Persistent link: https://www.econbiz.de/10012945787
Cover Image
Are groups 'less behavioral'? : the case of anchoring
Meub, Lukas; Proeger, Till - 2016 - Revised version: June 2016
Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more...
Persistent link: https://www.econbiz.de/10011525580
Cover Image
Behavioural isomorphism, cognitive economy and recursive thought in non-transitive game strategy
Dyson, Benjamin J. - In: Games 10 (2019) 3/32, pp. 1-14
behavior is thought to be outside bounded rationality and so decision-making can become deterministic, predictable, and …
Persistent link: https://www.econbiz.de/10012062319
Cover Image
Risk related brain regions detected with 3D image FPCA
Chen, Ying; Härdle, Wolfgang; Qiang, He; Majer, Piotr - 2015
Risk attitude and perception is reflected in brain reactions during RPID experiments. Given the fMRI data, an important research question is how to detect risk related regions and to investigate the relation between risk preferences and brain activity. Conventional methods are often insensitive...
Persistent link: https://www.econbiz.de/10010529349
Cover Image
Are groups 'less behavioral'? : the case of anchoring
Meub, Lukas; Proeger, Till - 2014
Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more...
Persistent link: https://www.econbiz.de/10010244653
Cover Image
Recency, Records and Recaps : Learning and Non-Equilibrium Behavior in a Simple Decision Problem
Fudenberg, Drew - 2016
Nash equilibrium takes optimization as a primitive, but suboptimal behavior can persist in simple stochastic decision problems. This has motivated the development of other equilibrium concepts such as cursed equilibrium and behavioral equilibrium. We experimentally study a simple adverse...
Persistent link: https://www.econbiz.de/10013007089
Cover Image
An Experiment on Case-Based Decision Making
Grosskopf, Brit - 2008
We experimentally investigate the disposition of decision makers to use case-based reasoning as suggested by Case-Based Decision Theory (Gilboa and Schmeidler, 1995). Our subjects face a monopoly decision problem about which they have very limited information. Information is presented in a...
Persistent link: https://www.econbiz.de/10012726139