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Recent studies on decision analytics frequently refer to the topic of behavioral decision making (BDM), which focuses on behavioral components of decision analytics. This paper provides a critical review of literature for re-examining the relations between BDM and classical decision theories in...
Persistent link: https://www.econbiz.de/10012792414
Persistent link: https://www.econbiz.de/10010228985
Recent papers by Cox and Sadiraj (2006) and Rubinstein (2006) have pointed out that expected utility theory is more general than has sometimes been acknowledged, and can hence not be refuted as easily by means of experiments. While acknowledging this fact, this note nevertheless demonstrates...
Persistent link: https://www.econbiz.de/10014055918
This study investigates how subjective mortality expectations and heterogeneity in time and risk preferences affect the … cannot be explained by differences in preferences. In contrast, this study identifies a strong relationship between answers … to survey questions about time and risk preferences and consumption and saving behaviors. This paper uses data on …
Persistent link: https://www.econbiz.de/10005822956
. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …
Persistent link: https://www.econbiz.de/10012882569
. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …
Persistent link: https://www.econbiz.de/10013164141
we identify conditions under which preferences over sets of construction opportunities can be reduced to preferences …
Persistent link: https://www.econbiz.de/10005346001
. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …
Persistent link: https://www.econbiz.de/10012804345
. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …
Persistent link: https://www.econbiz.de/10012938781
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012269663