Search Results - subject:"Decision errors"

Determinants and Consequences of Decision Errors in Innovation Development: A Comprehensive Empirical Investigation on the Organizational and Individual Level

Schuhmacher, Monika C. - 2025

This DFG project addressed the research question of how specific decision errors in innovation endeavors occur and … from not pursuing an inherently good project further. Focusing on these distinct decision errors, particularly the latter …

Persistent link: https://www.econbiz.de/10015407853

Are decision errors explaining hyperbolic discounting and nonlinear probability weighting?

Holden, Stein Terje; Tione, Sarah; Tilahun, Mesfin; … - 2024

decision errors can explain or be highly correlated with hyperbolic discounting and non-linear (inverse-S-shaped) probability … weighting. We find evidence that decision errors are strongly correlated with hyperbolic discounting but do not find that … decision errors are correlated with the strong inverse-S-shaped probability weighting (w(p)) patterns in our two samples. We …

Persistent link: https://www.econbiz.de/10015045969

Are decision errors explaining hyperbolic discounting and nonlinear probability weighting?

Holden, Stein Terje; Tione, Sarah; Tilahun, Mesfin; … - 2024

Persistent link: https://www.econbiz.de/10014581476

Strength of preference and decisions under risk

Alós-Ferrer, Carlos; Garagnani, Michele - 2022

Influential economic approaches as random utility models assume a monotonic relation between choice frequencies and "strength of preference," in line with widespread evidence from the cognitive sciences, which also document an inverse relation to response times. However, for economic decisions...

Persistent link: https://www.econbiz.de/10013164128

Strength of preference and decisions under risk

Alós-Ferrer, Carlos; Garagnani, Michele - 2022 - Revised version, February 2022

Persistent link: https://www.econbiz.de/10013040909

What preferences for behavioral welfare economics?

Grüne-Yanoff, Till - In: Journal of economic methodology 29 (2022) 2, pp. 153-165

Persistent link: https://www.econbiz.de/10013371124

Strength of preference and decisions under risk

Alós-Ferrer, Carlos; Garagnani, Michele - In: Journal of risk and uncertainty 64 (2022) 3, pp. 309-329

Persistent link: https://www.econbiz.de/10013453838

Strength of preference and decision making under risk

Alós-Ferrer, Carlos; Garagnani, Michele - 2020

Influential economic approaches as random utility models or quantal-response equilibria assume a monotonic relation between error rates and choice difficulty or "strength of preference", in line with widespread evidence from discrimination tasks in psychology and neuroscience. However, while the...

Persistent link: https://www.econbiz.de/10012244619

Decision Errors, Legal Uncertainty and Welfare: a General Treatment

Katsoulacos, Yannis; Ulph, David - School of Economics and Finance, University of St. Andrews - 2014

uncertainty from decision errors: though the former can be influenced by the latter, the latter are neither necessary nor … sufficient for the existence of legal uncertainty. We show that an increase in decision errors will always reduce welfare …. However, for any given level of decision errors, information structures involving more legal uncertainty can improve welfare …

Persistent link: https://www.econbiz.de/10010937855

Decision errors, legal uncertainty and welfare : a general treatment

Katsulakos, Giannēs S.; Ulph, David - 2014

Persistent link: https://www.econbiz.de/10011287256