Showing 1 - 10 of 9,603
configurations occur. Laboratory data support the theory: In the stochastic variant, there is more signaling behavior than with …
Persistent link: https://www.econbiz.de/10009355251
Partial differential equations -- Elements of the theory of the Stochastic processes -- Partial differential equation … in the consumer theory -- Partial differential equations in the producer theory -- Partial differential equations and … pricing of the financial -- Derivatives -- A theory of boundedly rational behavior -- Partial differential equations in game …
Persistent link: https://www.econbiz.de/10003429606
Persistent link: https://www.econbiz.de/10013167782
We study dynamic signaling in a game of stochastic stakes. Each period, a privately informed agent of binary type chooses whether to continue receiving a return that is an increasing function of both her reputation and an exogenous public stakes variable or to irreversibly exit the game. A...
Persistent link: https://www.econbiz.de/10013242323
We study dynamic signaling in a game of stochastic stakes. Each period, a privately informed agent of binary type chooses whether to continue receiving a return that is an increasing function of both her reputation and an exogenous public stakes variable or to irreversibly exit the game. A...
Persistent link: https://www.econbiz.de/10013273761
Persistent link: https://www.econbiz.de/10014340773
Persistent link: https://www.econbiz.de/10012177017
Persistent link: https://www.econbiz.de/10014329897
In contradiction to expected utility theory, various studies find that splitting events or attributes into subevents … dominated choices. These violations of first-order stochastic dominance are framing effects, which expected utility theory …, cumulative prospect theory and salience theory of choice under risk cannot account for. However, we propose a version of salience …
Persistent link: https://www.econbiz.de/10011283731
characterize it. Additionally, I use an empirically plausible theory of learning to generate a class of adaptive learning … consumption theory …
Persistent link: https://www.econbiz.de/10013106504