Nudge is a concept of policy intervention that originates in Thaler and Sunstein's (2008) popular eponymous book. Following their own hints, we distinguish three properties of nudge interventions: they redirect individual choices by only slightly altering choice conditions (here nudge 1), they...

I provide axiomatic foundations for a model of taste uncertainty with endogenous learning through consumption. In this setting, uncertainty is over an unobservable, subjective state space. Preference over lottery–menu pairs is sufficient to identify the state space and the learning process. In...

We develop a general framework to study contests, containing the well-known models of Tullock (1980) and Lazear & Rosen (1981) as special cases. The contest outcome depends on players' effort and skill, the latter being subject to symmetric uncertainty. The model is tractable, because a...

Behavioral Decision Analysis - Past, Present and Future -- Behavioral Decision Research: Descriptive and Prescriptive Perspectives -- Behavioral Biases in the Uncertainty Quantification Process -- Analyzing Decisions Under Uncertainty: Simple Tools Of the Heathens -- Should an Analyst Share...

Introduction -- Multiplicative pairwise comparisons -- Inconsistency indices and their properties -- Inconsistency reduction -- Alternative approaches to the evaluation of inconsistency in pairwise comparisons -- Inconsistency of incomplete pairwise comparisons matrices -- Ordinal inconsistency.

When forecasts of the future value of some variable, or the probability of some event, are used for purposes of ex ante planning or decision making, then the preferences, opportunities and constraints of the decision maker will all enter into the ex post evaluation of a forecast, and the ex post...

On taking the intermediate value theorem (IVT) and its converse as a point of departure, this paper connects the intermediate value property (IVP) to the continuity postulate typically assumed in mathematical economics, and to the solvability axiom typically assumed in mathematical psychology....