Search Results - subject:"Preference for flexibility"

Higashi, Youichiro; Hyogo, Kazuya; Takeoka, Norio - In: Journal of Mathematical Economics 51 (2014) C, pp. 77-92

Preference for flexibility arises inherently in sequential decision making. However, a majority of the literature has … limitations to capture a changing preference for flexibility across time in the sense that such an attitude is independent of past …

Persistent link: https://www.econbiz.de/10011065389

A theory of subjective learning

Dillenberger, David; Lleras, Juan Sebastián; Sadowski, … - In: Journal of Economic Theory 153 (2014) C, pp. 287-312

in terms of their preference for flexibility. On the extended domain of dated-menus, we show how to accommodate gradual …

Persistent link: https://www.econbiz.de/10011042943

Stochastic endogenous time preference

Higashi, Youichiro; Hyogo, Kazuya; Takeoka, Norio - In: Journal of mathematical economics 51 (2014), pp. 77-92

Persistent link: https://www.econbiz.de/10010478576

A theory of subjective learning

Dillenberger, David; Lleras, Juan Sebastián; Sadowski, … - In: Journal of economic theory 153 (2014), pp. 287-312

Persistent link: https://www.econbiz.de/10010480236

Pre-Commitment and Flexibility in a Time Decision Experiment.

Casari, Marco - Krannert School of Management, Purdue University - 2006

available in the future. Preference for flexibility is defined as willingness to pay a cost to enlarge the choice set available …

Persistent link: https://www.econbiz.de/10005739809

The price of flexibility: Towards a theory of Thinking Aversion

Ortoleva, Pietro - In: Journal of Economic Theory 148 (2013) 3, pp. 903-934

We study the behavior of an agent who dislikes large choice sets because of the ‘cost of thinking’ involved in choosing from them. Focusing on preferences over lotteries of menus, we introduce the notion of Thinking Aversion. We characterize preferences as the difference between an affine...

Persistent link: https://www.econbiz.de/10010665749

Preference for Flexibility and Dynamic Consistency

Riella, Gil - In: Journal of Economic Theory 148 (2013) 6, pp. 2467-2482

preference for flexibility. When the subjective state space is finite, we show that Flexibility Consistency is equivalent to a …

Persistent link: https://www.econbiz.de/10010719006

Preference for flexibility and dynamic consistency

Riella, Gil - In: Journal of economic theory 148 (2013) 6, pp. 2467-2482

Persistent link: https://www.econbiz.de/10010257924

A Theory of Subjective Learning, Third Version

Dillenberger, David; Lleras, Juan Sebastian; Sadowski, … - Department of Economics, University of Pennsylvania - 2012

in terms of their preference for flexibility. On the extended domain of dated-menus, we show how to accommodate gradual …

Persistent link: https://www.econbiz.de/10010822917

A Theory of Subjective Learning, Second Version

Dillenberger, David; Lleras, Juan Sebastian; Sadowski, … - Department of Economics, University of Pennsylvania - 2012

notion of ”more preference for flexibility” via a subjective analogue of Blackwell’s (1951, 1953) comparisons of experiments …

Persistent link: https://www.econbiz.de/10010822938