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What is the economic concept of choice? : an experimental philosophy study
Nagatsu, Michiru; Põder, Kaire - In: Economics & philosophy 35 (2019) 3, pp. 461-478
Persistent link: https://www.econbiz.de/10012149292
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The effects of emotions on preferences and choices for public goods
Boyce, Christopher J. (contributor) - 2015
Persistent link: https://www.econbiz.de/10010513283
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Non-cooperative games
Damme, Eric E. C. van - 2014
Persistent link: https://www.econbiz.de/10011285514
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Impact of economics learning on risk preferences and rationality : an empirical investigation
Zhou, Zhengyi - In: The American economist : journal of Omnicron Delta … 58 (2013) 1, pp. 4-15
Persistent link: https://www.econbiz.de/10009748109
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A probabilistic ghost in the experimental machine
Jullien, Dorian; Vallois, Nicolas - In: The journal of economic methodology 21 (2014) 3, pp. 232-250
Persistent link: https://www.econbiz.de/10010485904
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Investors' expertise, personality traits and susceptibility to behavioral biases in the decision making process
Rzeszutek, Marcin; Szyszka, Adam; Czerwonka, Monika - In: Contemporary economics 9 (2015) 3, pp. 337-352
The aim of this paper is to investigate the degree of susceptibility to behavioral biases (the certainty effect, the sunk cost fallacy, and mental accounting) among people of various levels of expertise in market investments and to determine whether this susceptibility is correlated with certain...
Persistent link: https://www.econbiz.de/10011392293
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Pleasure and belief in hume's decision process
Diaye, Marc-Arthur; Lapidus, André - In: The European journal of the history of economic thought 19 (2012) 3, pp. 355-384
Persistent link: https://www.econbiz.de/10009614412
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Savage's response to Allais as Broomean reasoning
Dietrich, Franz; Staras, Antonios; Sugden, Robert - In: Journal of economic methodology 28 (2021) 2, pp. 143-164
Persistent link: https://www.econbiz.de/10012515888
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Beyond quantified ignorance : rebuilding rationality without the bias bias
Brighton, Henry - 2019
If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …
Persistent link: https://www.econbiz.de/10011990913
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The standard model of rational risky decision-making
Falahati, Kazem - In: Journal of risk and financial management : JRFM 14 (2021) 4, pp. 1-22
Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under risky conditions. EUT uses a theoretical device called von Neumann-Morgenstern utility function, where concepts of function and random variable are employed in their...
Persistent link: https://www.econbiz.de/10012520657