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Die Verarbeitung von Gewinn- und Verlusterfahrungen in spezifischen Entscheidungs- und Spielsituationen
Schröder, Andreas - 2008
as well as descriptive decision and game theory have not provided yet a thorough theoretical treatment of these effects …. Therefore, this thesis develops first a theoretical fundament. It is based on the Cumulative Prospect Theory, which is extended … whereas a risk perception according to the Cumulative Prospect Theory has to be rejected. In multi-person-games the additional …
Persistent link: https://www.econbiz.de/10009467104
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Behavioral Economics and the Economics of Regulation
Earl, Peter E. - 2005
Behavioural economics draws upon fieldwork, experiments and research in disciplines such as psychology for building blocks to construct economic analysis that is more descriptively realistic and both augments and qualifies traditional economics as a tool for designing policy. Though behavioural...
Persistent link: https://www.econbiz.de/10009447867
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Bounded rationality and decomposability: The basis for integrating cognitive and evolutionary economics
Earl, Peter E.; Potts, Jason - 2004
This paper explores the interconnections between two of Herbert Simon's key concepts, bounded rationality and decomposability, and show how this unity provides the starting point for merging cognitively focused approaches to behavioral economics with evolutionary/institutional economics into a...
Persistent link: https://www.econbiz.de/10009447955
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ASYMMETRY IN RAW MILK SAFETY PERCEPTIONS AND INFORMATION: IMPLICATIONS FOR RISK IN FRESH PRODUCE MARKETING AND POLICY
Knutson, Ronald D.; Currier, Russell W.; Ribera, Luis; … - 2010
Scientific evidence clearly indicates that consumption of raw milk carries substantialdisease-inducing health risks. While federal U.S. policy mandates that milk moving in interstatecommerce be pasteurized; within 41 of 50 states, raw milk can be obtained for consumption.Warning labels...
Persistent link: https://www.econbiz.de/10009442762
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The effects of procedures on decision making : experimental evidence
Mertins, Vanessa - 2009
, as well as those of experimental economists, with neoclassical economic theory. The dissertation is divided into two …
Persistent link: https://www.econbiz.de/10009468509
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Der Einfluss von Steuern auf Investitions- und Arbeitsangebotsentscheidungen - Experimentelle Analysen zur Wahrnehmung der Steuerbelastung
Fochmann, Martin - 2011
investment behavior which is consistent with theory. However, an income tax with a limited or unlimited loss offset provision …
Persistent link: https://www.econbiz.de/10009478158
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The market for preferences
Earl, PE; Potts, J - 2004
Learning processes are widely held to be the mechanism by which boundedly rational agents adapt to environmental changes. We argue that this same outcome might also be achieved by a different mechanism, namely specialisation and the division of knowledge, which we here extend to the consumer...
Persistent link: https://www.econbiz.de/10009448633
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Design of Discrete Auction
Sujarittanonta, Pacharasut - 2010
Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...
Persistent link: https://www.econbiz.de/10009450772
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Markenführung in der Ernährungswirtschaft ; Brand Management in the Food Sector
Staack, Torsten - 2013
Persistent link: https://www.econbiz.de/10010353216