Showing 1 - 10 of 542
introduce a new maximin-based algorithm to compute a robust attacker deception decision under uncertainty, given the defender is …
Persistent link: https://www.econbiz.de/10014418201
independent of strategic considerations. These biases bring out individual trade-offs between the accuracy of decision making and …
Persistent link: https://www.econbiz.de/10012014965
and knowledge in individual decision making under ambiguity. Reactions to a natural source of uncertainty (i ….e., forthcoming real-world election results) were measured using both computed decision weights derived from individual choices and … elevation of the decision weighting function for gains). Both stronger positive emotions and superior knowledge generally have …
Persistent link: https://www.econbiz.de/10012167905
The purpose of this study was to determine whether attitudes toward risk and altruism are affected by being in a group … or being alone. In contrast to previous economic research on group decision-making, we excluded the effects of group …. Moreover, we adopted two collective decision rules, i.e., the median rule and the random rule, which provide the truth …
Persistent link: https://www.econbiz.de/10014420471
In this article, we consider technology leaders (which are innovators) and technology followers (which are non-innovators) to provide a new theoretical explanation for the well-cited empirical evidence of an inverted-U relationship between competition and aggregate innovation. We consider a...
Persistent link: https://www.econbiz.de/10013171861
This paper presents an incentivized experiment analyzing the role of demographic characteristics in individual decision … for individuals to prefer an uncertain payoff to a sure gain, and, thus, lower risk aversion. This paper found evidence of …
Persistent link: https://www.econbiz.de/10013252717
Game and decision theory start from rather strong premises. Preferences, represented by utilities, beliefs represented … language enabling us to capture the process leading to what is “given” seems superior to the stenography of decision making in …
Persistent link: https://www.econbiz.de/10009751382
Individual behavioral differences in humans have been linked to measurable differences in their mental activities, including differences in their implicit motives. In humans, individual differences in the strength of motives such as power, achievement and affiliation have been shown to have a...
Persistent link: https://www.econbiz.de/10011384060
Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in...
Persistent link: https://www.econbiz.de/10011384070
This article is an overview of recent progress on a theory of games, whose payoffs are probability distributions rather than real numbers, and which have their equilibria defined and computed over a (suitably restricted yet dense) set of distributions. While the classical method of defining game...
Persistent link: https://www.econbiz.de/10014418196