adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new …

Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice …, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social …

We challenge the standard definition of economic rationality as consistency by making use of a novel distinction … between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … incorrect identification strategies. We conduct an experiment to investigate the factors that drive violations of consistency …