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A heuristic approach to explore : the value of perfect information
Shahrokhi Tehrani, Shervin; Ching, Andrew - In: Management science : journal of the Institute for … 70 (2024) 5, pp. 3200-3224
Persistent link: https://www.econbiz.de/10014551265
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Do people make decisions under risk based on ignorance? : an empirical test of the priority heuristic against cumulative prospect theory
Glöckner, Andreas (contributor);  … - 2008
information. We conducted three studies to test the PH empirically by analyzing individual choice patterns, decision times and … not diagnostic for the PH as compared to CPT. -- Decision Strategy ; Fast and Frugal Heuristics ; Bounded Rationality …
Persistent link: https://www.econbiz.de/10003730615
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The cognitive processes underlying risky choice
Brandstätter, Eduard; Gussmack, Manuela - In: Journal of behavioral decision making 26 (2013) 2, pp. 185-197
Persistent link: https://www.econbiz.de/10009730421
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Leadership heuristic
Cavalcanti, Carina; Grossman, Philip Johnson; Khalil, … - In: Journal of economic psychology : research in economic … 98 (2023), pp. 1-7
Persistent link: https://www.econbiz.de/10014469110
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Prominent numbers, indices and ratios in exchange rate determination and financial crashes : in Economists' models, in the field and in the laboratory
Pope, Robin; Selten, Reinhard; Kube, Sebastian; Hagen, … - 2009
predict exchange rates and to advocate floating exchange rates, economists unwittingly employ nominalist heuristics. Second …, nominalist heuristics have influenced actual exchange rates through the centuries, and this finding is replicated in the … laboratory. Third, nominalist heuristics are incompatible with expected utility theory which excludes the evaluation stage, and …
Persistent link: https://www.econbiz.de/10003867227
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Response to Vouri and Vouri's commentary on "Heuristics in the strategy context"
Bingham, Christopher B.; Eisenhardt, Kathleen M. - In: Strategic management journal 35 (2014) 11, pp. 1698-1702
Persistent link: https://www.econbiz.de/10010466824
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Learning from experience, simply
Lin, Song; Zhang, Juanjuan; Hauser, John R. - In: Marketing science : the marketing journal of the … 34 (2015) 1, pp. 1-19
Persistent link: https://www.econbiz.de/10010497620
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Comment on "Heuristics in the strategy context" by Bingham and Eisenhardt (2011)
Vuori, Natalia; Vuori, Timo - In: Strategic management journal 35 (2014) 11, pp. 1689-1697
Persistent link: https://www.econbiz.de/10010465840
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Over-confidence and low-cost heuristics : an experimental investigation of choice behavior
Cicognani, Simona; Mittone, Luigi - 2014
This paper extends choice theory by allowing for the interaction between cognitive costs and imitative dynamics. The authors experimentally investigate the role of imitation when participants face a task which is costly in cognitive terms. In order to disentangle different choice dynamics, they...
Persistent link: https://www.econbiz.de/10010425055
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Chapter 2. Errors in probabilistic reasoning and judgment biases
Benjamin, Daniel J. - 2019
Errors in probabilistic reasoning have been the focus of much psychology research and are among the original topics of modern behavioral economics. This chapter reviews theory and evidence on this topic, with the goal of facilitating more systematic study of belief biases and their integration...
Persistent link: https://www.econbiz.de/10014023386