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Cold feet
Epstein, Larry G.; Kopylov, Igor - In: Theoretical Economics 2 (2007) 3, pp. 232-259
Individuals often lose confidence in their prospects as they approach the `moment of truth.' An axiomatic model of such … temptation and self-control to capture an individual who changes her beliefs so as to become more pessimistic as payoff time …
Persistent link: https://www.econbiz.de/10011599389
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Cold feet
Epstein, Larry G.; Kopylov, Igor - In: Theoretical economics : TE ; an open access journal in … 2 (2007) 3, pp. 232-259
Individuals often lose confidence in their prospects as they approach the `moment of truth.' An axiomatic model of such … temptation and self-control to capture an individual who changes her beliefs so as to become more pessimistic as payoff time …
Persistent link: https://www.econbiz.de/10011702513
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An axiomatic model of 'cold feet'
Epstein, Larry G.; Kopylov, Igor - University of Rochester - Center for Economic Research … - 2007
Individuals often lose confidence in their prospects as they approach the "moment of truth." An axiomatic model of such … temptation and self-control to capture an individual who changes her beliefs so as to become more pessimistic as payoff time …
Persistent link: https://www.econbiz.de/10008833206
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Psychological Games in the Theory of Choice: Temptation, Perfectionism, Self-deception
Zak, F. - In: Journal of the New Economic Association 21 (2014) 1, pp. 12-32
temptation, perfectionists, and persons susceptible to self-deceit. …
Persistent link: https://www.econbiz.de/10010839411
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Wishful Thinking
Mayraz, Guy - Department of Economics, Faculty of Business and Economics - 2013
This paper presents a model and an experiment, both suggesting that wishful thinking is a pervasive phenomenon that aect decisions large and small. Agents in the model start out with state-dependent payos, and behave as if high-payo states are more likely. Subsequent choices maximize...
Persistent link: https://www.econbiz.de/10010903414
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Optimism and Pessimism with Expected Utility
Dillenberger, David; Postlewaite, Andrew; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2011
optimism and pessimism can be captured by the stake-dependent probabilities in these alternative representations; e.g., for a …
Persistent link: https://www.econbiz.de/10009351308
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Optimism and Pessimism with Expected Utility
Dillenberger, David; Postlewaite, Andrew; Rozen, Kareen - Cowles Foundation for Research in Economics, Yale University - 2011
optimism and pessimism can be captured by the stake-dependent probabilities in these alternative representations; e.g., for a …
Persistent link: https://www.econbiz.de/10009351465
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Optimism and Pessimism with Expected Utility, Fourth Version
Dillenberger, David; Postlewaite, Andrew; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2011
possible outcomes of the act and suggest that these alternate representations can capture pessimism or optimism. We then extend …
Persistent link: https://www.econbiz.de/10010721457
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Optimism and Pessimism with Expected Utility, Third Version
Dillenberger, David; Postlewaite, Andrew; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2011
by (dominates) the Savage distribution. We suggest that pessimism (optimism) can be captured by the stake …
Persistent link: https://www.econbiz.de/10010600835
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Optimism and Pessimism with Expected Utility, Fifth Version
Dillenberger, David; Postlewaite, Andrew; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2013
possible outcomes of the act and suggest that these alternate representations can capture pessimism or optimism. We then extend …
Persistent link: https://www.econbiz.de/10011184269