People often forget and sometimes fantasize. This paper reports a large-scale experiment on memory errors and their relation to preferential traits including time preference, attitudes toward risk and ambiguity, and psychological characteristics such as anticipatory feelings. We observe...

We study the influence of attention and comprehension on ambiguity attitudes. Subjects are presented with screening questions before choosing between two alternatives represented by payoff-matrices which are essentially equivalent to those in Ellsberg's (1961) two-urn problem. The observed rate...

Motivated by the sure-thing principle (STP) in Savage (1954), we offer a new solution concept—STP-obvious dominance (STP-OD) equilibrium—for dynamic games in which the obviousness of the dominating strategy (Li, 2017) may be facilitated by players’ application of the sure-thing principle...