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consequences. Contrary to that, deontology focuses solely on the morality of the action itself. We design an online experiment in … order to investigate the effect of market interaction on moral decision making in a subsequent moral dilemma. Taking into …
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between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on … incorrect identification strategies. We conduct an experiment to investigate the factors that drive violations of consistency …
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experiment where we incentivize choice, vary the difference in utility between options and track which option participants …
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procedure. At any given trial, the decision maker deliberately randomizes over mental categories and chooses the best item … decision maker picks the default option. We provide the necessary and sufficient conditions that characterize this model in a …
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In his paper Emotion and reasoning in human decision-making (Economics Discussion Papers, No 2019-8) Edmund Rolls …
Persistent link: https://www.econbiz.de/10012035104
This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …
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