In this paper we provide choice-process experimental evidence that the attraction effect is a short-term phenomenon, that disappears when individuals are given time and incentives to revise their choices. The attraction (or decoy) effect is the most prominent example of context effects, and it...

Abstract In modernen Arbeitsorganisationen mit hohem Innovationsanspruch werden die Grenzen direkter und indirekter Leistungskontrolle immer offensichtlicher. Hier entwickelt sieh Vertrauen zur neuen Maxime der Unternehmenssteuerung. In der Tradition der Rationalitätstheorie erweist sich...

Summary This paper is a brief history of game theory with its main theme being the nature of the decision makers assumed in the various stages of its historical development. It demonstrates that changes in the “image of man” nourished the developments of what many believe to be progress in...

My philosophical case study concerns textbook presentations of the theory of demand. Does this theory contain anything more than just a collection of tautologies? In order to determine its empirical content, it must be viewed holistically. But then, the theory implies false factual claims. We...