Search Results - subject:"Decision errors"

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

The gradual nature of economic errors

Alós-Ferrer, Carlos; Garagnani, Michele - In: Journal of economic behavior & organization : JEBO 200 (2022), pp. 55-66

Persistent link: https://www.econbiz.de/10013387282

Strength of preference and decision making under risk

Alós-Ferrer, Carlos; Garagnani, Michele - 2020 - Revised version

Persistent link: https://www.econbiz.de/10012243085

Optimal legal standards for competition policy further re-visited

Katsulakos, Giannēs S.; Ulph, David - In: Economics letters 196 (2020), pp. 1-3

Persistent link: https://www.econbiz.de/10012510976