Showing 1 - 10 of 465
Persistent link: https://www.econbiz.de/10011338366
Persistent link: https://www.econbiz.de/10011442430
We investigate violations of consequentialism in the form of the stochastic dominance property. The property is shared by many theories of choice and implies that the decision-maker prefers receiving the best outcome for sure over all lotteries that involve multiple outcomes. We run experiments...
Persistent link: https://www.econbiz.de/10009681824
Persistent link: https://www.econbiz.de/10002127042
Persistent link: https://www.econbiz.de/10002768914
Persistent link: https://www.econbiz.de/10001248984
Persistent link: https://www.econbiz.de/10013263427
We provide a user's guide to exotic' preferences: nonlinear time aggregators, departures from expected utility, preferences over time with known and unknown probabilities, risk-sensitive and robust control, hyperbolic' discounting, and preferences over sets ( temptations'). We apply each to a...
Persistent link: https://www.econbiz.de/10012468096
Persistent link: https://www.econbiz.de/10012299252
Persistent link: https://www.econbiz.de/10011684712