Journal: Theory and Decision

Found 193 papers in total
Moment characterization of higher‐order risk preferences
Moment characterization of higher‐order risk preferences
2013,
This article presents a characterization of higher‐order risk preferences such...
Cooperative provision of indivisible public goods
Cooperative provision of indivisible public goods
2013,
A community faces the obligation of providing an indivisible public good that each of...
Parameters of social preference functions: measurement and external validity
Parameters of social preference functions: measurement and external validity
2013,
Most of the existing literature on social preferences either tests whether certain...
Norms and rationality. Is moral behavior a form of rational action?
Norms and rationality. Is moral behavior a form of rational action?
2013,
This article addresses major arguments in the controversy about the...
When learning meets salience
When learning meets salience
2013,
Behavior in one‐shot coordination games with common knowledge labels can be...
Non‐uniqueness of equilibrium action profiles with equal size in one‐shot cheap‐talk games
Non‐uniqueness of equilibrium action profiles with equal size in one‐shot cheap‐talk games
2013,
For strategic communication games la Crawford and Sobel (1982) the paper shows that...
Dynamic contractual incentives in the face of a Samaritans’s dilemma
Dynamic contractual incentives in the face of a Samaritans’s dilemma
2013,
We design a project funding contract that provides optimal incentives to agents, in a...
The irreversibility effect and agency conflicts
The irreversibility effect and agency conflicts
2013,
This paper studies the influence of agency conflicts on the irreversibility effect....
Changes in multiplicative background risk and risk‐taking behavior
Changes in multiplicative background risk and risk‐taking behavior
2013,
This article analyzes the conditions under which any change in a multiplicative...
Practical beliefs vs. scientific beliefs: two kinds of maximization
Practical beliefs vs. scientific beliefs: two kinds of maximization
2013,
There are two kinds of beliefs. If the ultimate objective is wellbeing (utility), the...
Making Sen’s capability approach operational: a random scale framework
Making Sen’s capability approach operational: a random scale framework
2013,
Amartya Sen has developed the so‐called capability approach to meet the...
Quantity competition, endogenous motives and behavioral heterogeneity
Quantity competition, endogenous motives and behavioral heterogeneity
2013,
The article shows that strategic quantity competition can be characterized by...
Ambiguity in asset pricing and portfolio choice: a review of the literature
Ambiguity in asset pricing and portfolio choice: a review of the literature
2013,
We survey the literature that has explored the implications of decision‐making...
An axiomatization of the kernel for TU games through reduced game monotonicity and reduced dominance
An axiomatization of the kernel for TU games through reduced game monotonicity and reduced dominance
2013,
In the framework of transferable utility games, we modify the 2‐person...
Preferences over consumption and status
Preferences over consumption and status
2013,
Experimental evidence suggests that individual consumption has not only personal value...
Is more health always better for society? Exploring public preferences that violate monotonicity
Is more health always better for society? Exploring public preferences that violate monotonicity
2013,
There has recently been some literature on the properties of a Health‐Related...
Invoking a Cartesian product structure on social states
Invoking a Cartesian product structure on social states
2013,
The purpose of this article is to introduce a Cartesian product structure into the...
Preferences and the price of stability in matching markets
Preferences and the price of stability in matching markets
2013,
This paper studies welfare tradeoffs in two‐sided, one‐to‐one...
Communication compatible voting rules
Communication compatible voting rules
2013,
We reassess the possibility of full information pooling in a Condorcet jury...
Infinity in the lab. How do people play repeated games?
Infinity in the lab. How do people play repeated games?
2012,
We introduce a novel mechanism to eliminate endgame effects in repeated...
Using turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 × 2 games
Using turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 × 2 games
2012,
Turn taking is observed in many field and laboratory settings captured by various...
Implementation without rationality assumptions
Implementation without rationality assumptions
2012,
Hurwicz (Social Choice and public decision making. Essays in honor of Kenneth J....
Parametric multi‐attribute utility functions for optimal profit under risk constraints
Parametric multi‐attribute utility functions for optimal profit under risk constraints
2012,
We provide an economic interpretation of the practice consisting in incorporating risk...
Measuring the time stability of Prospect Theory preferences
Measuring the time stability of Prospect Theory preferences
2012,
Prospect Theory (PT) is widely regarded as the most promising descriptive model for...
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