Search Results - "Theory and decision"

Poverty and economic decision making: a review of scarcity theory by de Bruijn, Ernst-Jan, Antonides, Gerrit

“…Poverty is associated with a wide range of counterproductive economic behaviors. Scarcity theory proposes that poverty itself induces a scarcity mindset, which…”
Get full text

Individual-level loss aversion in riskless and risky choices by Gächter, Simon, Johnson, Eric J., Herrmann, Andreas

“…Loss aversion can occur in riskless and risky choices. We present novel evidence on both in a non-student sample (660 randomly selected customers of a car…”
Get full text

D-efficient or deficient? A robustness analysis of stated choice experimental designs by Walker, Joan L., Wang, Yanqiao, Thorhauge, Mikkel, Ben-Akiva, Moshe

“…This paper is motivated by the increasing popularity of efficient designs for stated choice experiments. The objective in efficient designs is to create a…”
Get full text

Strategic ambiguity and decision-making: an experimental study by Kelsey, David, le Roux, Sara

“…We conducted a set of experiments to compare the effect of ambiguity in single-person decisions and games. Our results suggest that ambiguity has a bigger…”
Get full text

Revisiting consistency with random utility maximisation: theory and implications for practical work by Hess, Stephane, Daly, Andrew, Batley, Richard

“…While the paradigm of utility maximisation has formed the basis of the majority of applications in discrete choice modelling for over 40 years, its core…”
Get full text

Stability of risk preference measures: results from a field experiment on French farmers by Reynaud, Arnaud, Couture, Stéphane

“…We compare two different elicitation methods for measuring risk attitudes on a sample of French farmers. We consider the lottery tasks initially proposed by…”
Get full text

A connection between von Neumann-Morgenstern expected utility and symmetric potential games by Ismail, Mehmet S., Peeters, Ronald

“…This paper establishes a previously unexplored connection between expected utility theory and potential games. Starting with a decision problem with a complete…”
Get full text

Reference dependence, expectations and anchoring in the Becker-DeGroot-Marschak mechanism by Vassilopoulos, Achilleas, Drichoutis, Andreas C., Nayga, Rodolfo M.

“…We explore several behavioral issues associated with bidding behavior in the Becker-DeGroot-Marschak (BDM) mechanism; a popular mechanism in experimental…”
Get full text

Intermediate prizes in multi-dimensional contests by Sela, Aner

“…We study n symmetric agents engaged in simultaneous k -dimensional contests. We demonstrate that there is no symmetric pure-strategy equilibrium when there are…”
Get full text

Evidence, causality, and sequential choice by Rothfus, Gerard J.

“…Philosophers’ two favorite accounts of rational choice, Evidential Decision Theory (EDT) and Causal Decision Theory (CDT), each face a number of serious…”
Get full text

Optimal combination of requirement and reward in financial incentive programs for weight loss by Arrighi, Yves, Boukari, Fahariat, Crainich, David

“…The paper analyzes how programs offering financial rewards for losing weight should be adapted to individuals’ preferences. Specifically, we highlight the…”
Get full text

Ambiguity aversion, risk aversion, and the weight of evidence by Karni, Edi

“…Wakker (Theory Decis 29:119–132, 1990) proved that the rank-dependent utility model is a special case of Choquet expected utility model. Invoking this result…”
Get full text

False-name-proof and strategy-proof voting rules under separable preferences by Fioravanti, Federico, Massó, Jordi

“…We consider the problem of a society that uses a voting rule to choose a subset from a given set of objects (candidates, binary issues, or alike). We assume…”
Get full text

Escaping Arrow’s theorem: the Advantage-Standard model by Holliday, Wesley H., Kelley, Mikayla

“…Abstract There is an extensive literature in social choice theory studying the consequences of weakening the assumptions of Arrow’s Impossibility Theorem. Much…”
Get full text

On the existence of stable matchings with contracts by Yang, Yi-You

Get full text

Contests with multiplicative sabotage effect by Liu, Haoming, Lu, Jingfeng, Riyanto, Yohanes E., Wang, Zhe

“…This paper investigates a two-player contest with a multiplicative sabotage effect, showing it can be converted into a standard Tullock contest with a…”
Get full text

Market networks: the core by Beladi, Hamid, Luo, Xiao, Oladi, Reza

“…We formulate and analyze market network systems parallel to market games in game theory. We study the structure of efficient and core networks in market…”
Get full text

Closed paths in graphs vs. voting theory by Saari, Donald G.

“…Features of graphs that hinder finding closed paths with particular properties, as represented by the Traveling Salesperson Problem—TSP, are identified for…”
Get full text

A characterization of the Owen value via sign symmetries by Chen, Xinjuan, Zhan, Minghua, Zhao, Zhihui

“…Khmelnitskaya and Yanovskaya (Math Methods Oper Res 66(2):255–261, 2007) characterized the Owen value for TU games with a coalition structure by the axioms of…”
Get full text

Licensing and secrecy under imperfect intellectual property protection by Mallios, Aineas Kostas

“…I consider a technology holder that has to decide whether to file for a patent or rely on secrecy, and a competing firm that can enter the market through…”
Get full text