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Behavioral decision making in normative and descriptive views : a critical review of literature

Chai, Junyi; Weng, Zhiquan; Liu, Wenbin - In: Journal of risk and financial management : JRFM 14 (2021) 10, pp. 1-14

Recent studies on decision analytics frequently refer to the topic of behavioral decision making (BDM), which focuses on behavioral components of decision analytics. This paper provides a critical review of literature for re-examining the relations between BDM and classical decision theories in...

Persistent link: https://www.econbiz.de/10012792414

Do recommender systems manipulate consumer preferences? : a study of anchoring effects

Adomavicius, Gediminas; Bockstedt, Jesse C.; Curley, … - In: Information systems research : ISR 24 (2013) 4, pp. 956-975

Persistent link: https://www.econbiz.de/10010228985

Updating preferences with multiple priors

Hanany, Eran; Klibanoff, Peter - In: Theoretical economics : TE ; an open access journal in … 2 (2007) 3, pp. 261-298

. These rules apply to the preferences with multiple priors of Gilboa and Schmeidler (1989), and are the first, for any model … of preferences over acts, to be able to reconcile typical behavior in the face of ambiguity (as exemplified by Ellsberg … set of priors, where the specific subset depends on the preferences, the conditioning event, and the choice problem (i …

Persistent link: https://www.econbiz.de/10011702323

From the editor: 2020 inaugural Clemen-Kleinmuntz Decision Analysis best paper award

Bier, Vicki M. - In: Decision analysis : a journal of the Institute for … 18 (2021) 4, pp. 245-246

Persistent link: https://www.econbiz.de/10012814109

Opportunity, not welfare : how behavioral insights should lead to a reorientation of the normative foundation in law and economics

Dold, Malte - In: Journal of contextual economics : Schmollers Jahrbuch 142 (2022) 1, pp. 21-40

hold context-independ- ent, stable preferences across different legal arrangements. We suggest an alternative normative …

Persistent link: https://www.econbiz.de/10014518376

Translated attributes as choice architecture : aligning objectives and choices through decision signposts

Ungemach, Christoph; Camilleri, Adrian R.; Johnson, Eric J. - In: Management science : journal of the Institute for … 64 (2018) 5, pp. 2445-2459

Persistent link: https://www.econbiz.de/10011874356

Behavioural analytics : exploring judgments and choices in large data sets

Durbach, Ian N.; Montibeller, Gilberto - In: Journal of the Operational Research Society 70 (2019) 2, pp. 255-268

Persistent link: https://www.econbiz.de/10012212331

Known unknowns : a critical determinant of confidence and calibration

Walters, Daniel J.; Fernbach, Philip M.; Fox, Craig R.; … - In: Management science : journal of the Institute for … 63 (2017) 12, pp. 4298-4307

Persistent link: https://www.econbiz.de/10011785258

Toward an improved methodology to construct and reconcile decision analytic preference judgments

Anderson, Richard M.; Clemen, Robert Taylor - In: Decision analysis : a journal of the Institute for … 10 (2013) 2, pp. 121-134

Persistent link: https://www.econbiz.de/10009761142

Gender differences in willingness to guess

Baldiga, Katherine - In: Management science : journal of the Institute for … 60 (2014) 2, pp. 434-448

Persistent link: https://www.econbiz.de/10010258804

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