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In this paper, I seek to establish a framework in which solutions to imperfect recall decision problems can be suitably examined. I introduce a strategy concept which is an extension of the standard concept employed since von Neumann and Morgenstern, and show how it may provide optimal solutions...
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In this paper, I study decision theory in the presence of imperfect recall. I use an extension of the standard strategy concept for the analysis of extensive form games in order to examine the range of imperfect recall problems for which there exists an optimal solution. Optimality is assessed...
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There is a long ongoing debate on whether interaction in a market influences moral decisions of individuals. While some studies show that individuals tend to decide less morally when being exposed to a market environment, other studies argue that the experience of market interaction promotes...
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