Journal: Theory and Decision

Found 193 papers in total
(Sub) Optimality and (non) optimal satisficing in risky decision experiments
2017,
We implement a risky choice experiment based on one‐dimensional choice...
Optimize, satisfice, or choose without deliberation? A simple minimax-regret assessment
2017,
Simon (Q J Econ 69:99–118, 1955) introduced satisficing , but he did not provide...
Who should cast the casting vote? Using sequential voting to amalgamate information
2017,
In this study, we are concerned with how agents can best amalgamate their private...
Does exposure to unawareness affect risk preferences? A preliminary result
2017,
One fundamental assumption often made in the literature on unawareness is that risk...
A note on identification in discrete choice models with partial observability
2017,
This note establishes a new identification result for additive random utility discrete...
Conditional expected utility
2017,
Let E be a class of events. Conditionally Expected Utility decision makers are...
Fair student placement
2017,
We revisit the concept of fairness in the Student Placement framework. We declare an...
Stake effects on ambiguity attitudes for gains and losses
2017,
We test the effect of stake size on ambiguity attitudes. Compared to a baseline...
Axiomatization and implementation of a class of solidarity values for TU-games
2017,
A new class of values combining marginalistic and egalitarian principles is introduced...
A note on budget constraints and outside options in common agency
2017,
Bernheim and Whinston (Q J Econ 101:1–31, 1986) show that, in a common agency...
Meaningful learning in weighted voting games: an experiment
2017,
By employing binary committee choice problems, this paper investigates how varying or...
Coordination when there are restricted and unrestricted options
2017,
One might expect that, in pure coordination games, coordination would become less...
Does inducing choice procedures make individuals better off? An experimental study
2017,
Over the years the psychological and economic literature on multi‐attribute...
Comparing uncertainty aversion towards different sources
2017,
We propose simple behavioral definitions of comparative uncertainty aversion for a...
Lexicographic expected utility without completeness
2016,
Standard theories of expected utility require that preferences are complete, and/or...
Rational beliefs in rationalizability
2016,
In this paper I scrutinize the ‘rational beliefs’ in the concept of...
Choquet expected utility with affine capacities
2016,
This paper studies decisions under ambiguity when attention is paid to extreme...
Satisficing, preferences, and social interaction: a new perspective
2016,
Satisficing is a central concept in both individual and social multiagent decision...
Counting votes in coupled decisions
2016,
We consider scenarios with distributed decision processes, e.g., coupled majorities...
The promise of pick-the-winners contests for producing crowd probability forecasts
2016,
This paper considers pick‐the‐winners contests as a simple method for...
Peter Fishburn's analysis of ambiguity
2016,
In ordinary discourse the term ambiguity typically refers to vagueness or imprecision...
Approval elections with a variable number of winners
2016,
Multi‐winner elections, for example, the election of members to a committee,...
Hart‐Mas-Colell implementation of the discounted Shapley value
2016,
We consider an implementation of the discounted Shapley value. We modify the...
On the existence of altruistic value and utility functions
2016,
Altruism is a popular economic explanation for a wide range of pro‐social...
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