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Money Earlier or Later? Simple Heuristics Explain Intertemporal Choices Better than Delay Discounting
Ericson, Keith M. Marzilli - 2015
, which can account for many of the known intertemporal choice anomalies, to discounting models. We conduct an out …-of-sample, cross-validated comparison of intertemporal choice models. Heuristic models outperform traditional utility discounting … models, including models of exponential and hyperbolic discounting. The best performing models predict choices by using a …
Persistent link: https://www.econbiz.de/10013028066
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Money Earlier or Later? Simple Heuristics Explain Intertemporal Choices Better than Delay Discounting
Ericson, Keith M. - 2015
, which can account for many of the known intertemporal choice anomalies, to discounting models. We conduct an out …-of-sample, cross-validated comparison of intertemporal choice models. Heuristic models outperform traditional utility discounting … models, including models of exponential and hyperbolic discounting. The best performing models predict choices by using a …
Persistent link: https://www.econbiz.de/10012457718
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Waiting to choose
Imas, Alex; Kuhn, Michael A.; Mironova, Vera - 2016
discounting. Additionally, waiting periods have larger effects on those shown to be particularly prone to myopia as a result of …
Persistent link: https://www.econbiz.de/10011557776
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When should we use simple decision models? : a synthesis of various research strands
Katsikopoulos, Konstantinos V.; Durbach, Ian N.; … - In: Omega : the international journal of management science 81 (2018), pp. 17-25
Persistent link: https://www.econbiz.de/10011906841
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Discovering decision heuristics in collaborative planning
Sikder, Iftikhar U. - In: International journal of management and decision making … 9 (2008) 1, pp. 1-15
Persistent link: https://www.econbiz.de/10003615881
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Selecting products through text reviews : an MCDM method incorporating personalized heuristic judgments in the prospect theory
Zhao, Meng; Shen, Xinyuan; Liao, Huchang; Cai, Mingyao - In: Fuzzy optimization and decision making : a journal of … 21 (2022) 1, pp. 21-44
Persistent link: https://www.econbiz.de/10013169483
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Simple ranking method using reference profiles : incremental elicitation of the preference parameters
Khannoussi, Arwa; Olteanu, Alexandru-Liviu; Labreuche, … - In: 4OR : quarterly journal of the Belgian, French and … 20 (2022) 3, pp. 499-530
Persistent link: https://www.econbiz.de/10013357374
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Beyond preference reversal : distinguishing justifiability from evaluability in joint versus single evaluations
Li, Xilin; Hsee, Christopher K. - In: Organizational behavior and human decision processes : … 153 (2019), pp. 63-74
Persistent link: https://www.econbiz.de/10012103208
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Operations Research and Management : Quantitative Methods for Planning and Decision-Making in Business and Economics
Peren, Franz W. (ed.); Neifer, Thomas (ed.) - 2024
Linear Optimization and Heuristics: K. Völker, M. Hümmer:The Decision Tree Procedure -- F. W. Peren: Linear …
Persistent link: https://www.econbiz.de/10014463099
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Psychological process models and aggregate behavior
Pipergias Analytis, Pantelis - 2014
This dissertation comprises of three independent essays which introduce novel psychologically inspired process models and examine their implications for individual, collective or market behavior. The first essay studies multi-attribute choice as a guided process of search. It puts forward a...
Persistent link: https://www.econbiz.de/10011432224