Within theories of mathematical prediction, decision and behavior such as game theory, there is the assumption that the players wish to win. The prisoner's dilemma points to the virtues of defection, or immediate self-preservation. Within the theory of evolutionary biology (Wilson & Wilson,...

It is considered that decisions are influenced, even in part, by aspects of affect. It is agreed with that studies that suggest the action of the affect heuristic, which can influence the perception of risks and benefits, even in environments where rationality should be more prominent, such as...

North Sulawesi's tourist destination image is imperative to be promoted to the rest of the world, it is one of the top ten tourist destination in Indonesia. The tourism objects in North Sulawesi are varying such as culinary, undersea coral diving in Bunaken and Lembe, festivals, rituals both...

This paper provides empirical evidence that CEO overconfidence can play a role on firm product market performance. Some studies provide empirical evidence that irrational managers may engage in actions that can be detrimental to firm value while others suggest that an overconfident manager can...

Work within the field of behavioral health within the United States has focused on Recovery, the process of restoring someone's life back to their previous level of functioning. Recovery does not set the expectation for continued growth or development. The western medical model is based upon...

This work proposes a random utility model for individual trading decision in the spirit of prospect theory. This model differs from those in the literature in that empirical data of stock price and volume can be incorporated. The paper tests the model with historical data from the NYSE TAQ...

The purpose of this paper is to review and evaluate the work of the UK Behavioural Insights Team (BIT) in the light of the growing literature on behavioural economics. The Team was established in 2010 in the Cabinet Office at the centre of government in the UK. The BIT was specifically set up...