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being outcome ambiguous and witch effects are responsible. Outcome ambiguity exists if consumers do not see an option …'s attributes as fix values but as intervals or minimum values. Although people experience outcome ambiguity in many cases little is …
Persistent link: https://www.econbiz.de/10009482313
Ausgangspunkt sind die bekannten empirischen Verstöße gegen Axiome der Bernoulli-Rationalität und die Diskussion um seine präskriptive Ausschließlichkeit. Der Beitrag teilt Nichterwartungsnutzenkalküle in Kategorien ein, die sich für eine Modellierung unterschiedlicher Arten von...
Persistent link: https://www.econbiz.de/10009005121
On the basis of a laboratory experiment conducted at FAU, we investigated financial decisions under risk and ambiguity …-averse. The numberof irrationally risk-averse subjects was higher in the case of ambiguity, when the probabilities of the …
Persistent link: https://www.econbiz.de/10012112439
On the basis of a laboratory experiment conducted at FAU, we investigated financial decisions under risk and ambiguity …-averse. The number of irrationally risk-averse subjects was higher in the case of ambiguity, when the probabilities of the …
Persistent link: https://www.econbiz.de/10012051419
uncertainty on the ?market for lemons? of Akerlof (1970) to ?quality ambiguity? with credence goods. The model shows the market …
Persistent link: https://www.econbiz.de/10011342061
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Two rationality arguments are used to justify the link between conditional and unconditional preferences in decision theory: dynamic consistency and consequentialism. Dynamic consistency requires that ex ante contingent choices are respected by updated preferences. Consequentialism states that...
Persistent link: https://www.econbiz.de/10003874793
Vorliegender Beitrag beschäftigt sich mit dem ECR-Element Efficient Promotion aus der Perspektive eines Herstellers. welcher die Funktion eines Category Leaders innehat.
Persistent link: https://www.econbiz.de/10005847966
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