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We present a framework that incorporates both moral motivations and fairness considerations into utility. The main idea is that individuals face a preference trade-off between their material individual interest and their desire to follow moral norms. In our model, we assume that moral motivation...
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, such as decision under Knightian uncertainty, the dynamics of economic (in)stability, and the voters’ preferences over …
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In this thesis I present three essays in which the influence of heuristics on individual decision making is analyzed …’ decision can have on the disposition effect heuristic when they decide on behalf of others. In chapter three, the effect of the …
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suggesting the confirmation bias may be unlike other decision biases - this bias may thrive when the decision maker is more is …
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Behavioral economics characterizes decision-makers using psychologically-informed models. Cognitive science produces …
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