under uncertainty is expected to help people take the best decision. However, the widely used expected utility theory values … consequences. By properly assessing the outcomes involved - especially those concerning human life - economic theory of choice … decision criteria are a combination of expected utility with extreme responses, and seem more consistent with observations. …

rationality through which Hume's theory is apprehended, is highly disputable, from the point of view of both standard choice … theory and Hume's theory of passions. Nonetheless, Sugden's criterion of rationality might be restated in Humean terms as a …Facing R. Sugden's criticism of our interpretation, it is shown in this paper that rationality appears as a possible …

, from a Humean point of view, “belief” deals with decision under risk or uncertainty, as well with intertemporal decision …The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of … decision, like the one developed in Diaye and Lapidus (2005a). Although we support the idea that Hume was in some way a …

process, described by means of a decision algorithm which aims at representing Hume's theory of choice. …For the reader who considers economic theory of choice as a special case of a more general theory of action, Hume … not seem to have given any evidence which would favour what we nowadays consider as the kind of rationality involved in …

, from a Humean point of view, “belief” deals as well with decision under risk or uncertainty, as with intertemporal decision …The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of … decision, like the one developed in Diaye and Lapidus (2005a). Although we support the idea that Hume was in some way …

the uncertainty of subjects regarding others' rationality. We do so by comparing the price forecasts submitted by subjects … hypothesis that uncertainty about others' rationality plays a major role in causing substantial deviation of forecast prices from …

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities … predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically …Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental …

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities … predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically …Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental …