Water pollution in the Venice Lagoon and its catchment is a main environmental issue. In Italy public funds are made available by specific national and regional regulations in order to support the realisation of initiatives for the abatement of pollutant loads that travel from the catchment into...

This study explicitly takes into account that the decision to enter into a cooperative R&D relationship is related to the antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, allows the joint analysis of the determinants of the two decisions and...

I present in this paper an integrated framework for structuring and evaluating dynamic and sequential climate change decision making in the international arena taking into account influence processes occuring during negotiation rounds. The analysis integrates imitation, persuasion and dissuasion...

Elena Esposito analysiert das ökonomische Entscheiden in Zukunftsmärkten (finance) als „Fiktion der wahrscheinlichen Realität“ (Esposito 2007). Eine ‚wahrscheinliche Realität’ ist eine Realitätsvermutung. In der Vermutung steckt eine Vorauswahl dessen, was wahrscheinlicher ist als...

A framework is proposed for organizing phenomena related to the (mis)prediction of utility, in particular neglecting adaptation. A categorization is introduced that accounts for asymmetries in misprediction. In decision-making, goods and activities satisfying extrinsic desires are more salient...

We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores on the Cognitive Reflection Test of Frederick (2005)...

In this paper, we consider a decision-maker who tries to learn the distribution of outcomes from previously observed cases. For each observed sequence of cases the decision-maker predicts a set of priors expressing his beliefs about the underlying probability distribution. We impose a version of...