Showing 1 - 10 of 117
Persistent link: https://www.econbiz.de/10014226653
In this paper I want to describe one way of thinking about information. In effect, this paper relates to the notion that organizational or societal models of economic equilibrium incorporate a decision-making mechanism that is influenced by the independent judgment of each individual. This...
Persistent link: https://www.econbiz.de/10005837425
This short paper aims to find an empirical evidence that al Qaeda behaves as a contest organizer rewarding an indivisible prize – namely, official membership and economic rewards – to candidate extremists groups. Would-be terrorists must then compete with each other to prove their commitment...
Persistent link: https://www.econbiz.de/10005837548
The paper introduces a notion of complementarity (substitutability) of two signals which requires that in all decision problems each signal becomes more (less) valuable when the other signal becomes available. We provide a general characterization which relates com- plementarity and...
Persistent link: https://www.econbiz.de/10008855554
Many decision problems in various fields of application can be characterized as diagnostic problems trying to assess the true state (of the world) of given cases. The investigation of assessment criteria improves the initial information according to observed signal outcomes, which are related to...
Persistent link: https://www.econbiz.de/10009003684
This paper proposes an interpretation theoretical model of the Aufbau of Rudolf Carnap, this interpretation contributes to upgrade the project original carnapian, in the sense of conferring to the constitutional program of construction logical, less committed analytic equipment with an ontology...
Persistent link: https://www.econbiz.de/10009019713
The high School of Colombes (France) - Lycée Guy de Maupassant - has organized a conference where some specialists were invited to debate about "L'avenir de l'information économique". This paper reports the main ideas developed during the conference. R.Courbis (GAMA, University Paris 10),...
Persistent link: https://www.econbiz.de/10009368477
We study empirically whether there is scope for parents to shape the economicpreferences and attitudes of their children through purposeful investments. Weexploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in the...
Persistent link: https://www.econbiz.de/10010734848
This paper introduces epsilon-stability as a generalization of the concept of stochastic stability in learning and evolutionary game dynamics. An outcome of a model of stochastic evolutionary dynamics is said to be epsilon-stable in the long-run if for a given model of mistakes it maximizes its...
Persistent link: https://www.econbiz.de/10010856427
To accurately predict behavior economists need reliable measures of individual time preferences and attitudes toward risk and typically need to assume stability of these characteristics over time and across decision domains. We test the reliability of two choice tasks for eliciting discount...
Persistent link: https://www.econbiz.de/10010856556