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Scholars have long recognized the difficulties of communicating risk to the public. The rise of mobile gaming presents … unprecedented opportunities for risk communicators to reach millions of potential users in engaging and potentially effective ways …. Gamifying risk communication may help users build knowledge bases about risk, improve risk contextualization skills, and …
Persistent link: https://www.econbiz.de/10012994947
Aim: Develop a methodological approach to reduce uncertainty of knowledge necessary for decision making in quick changing surroundings. Research methods: The research method is heuristic supported by the research programme in Lakatos’ sense, specially designed for these purposes based on the...
Persistent link: https://www.econbiz.de/10013198731
Based on the well established result of probability matching, we explore in this paper to what extent soccer bettors adjust their behavior taking into account the new relevant information provided by the market. We test empirically the existence of a learning process using the Quiniela bettors'...
Persistent link: https://www.econbiz.de/10014218347
I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the other players' strategies. I propose a new decision criterion which works in two steps. First, I assume common knowledge of rationality and eliminate all strategies which are not...
Persistent link: https://www.econbiz.de/10012895797
dynamics considerably differ between gain and loss domains. For gains, learning to be comparably ambiguity averse increases the … only towards neutrality in the loss domain. Shifts towards neutrality for losses also appear significant without social … to shifts towards neutrality in the gain domain, but has no impact in the loss domain. …
Persistent link: https://www.econbiz.de/10010364762
' delegation decision as a trade-off between asset return uncertainty and delegation uncertainty. Our theory explains several …
Persistent link: https://www.econbiz.de/10011976244
I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the other players' strategies. I propose a new decision criterion which works in two steps. First, I assume common knowledge of rationality and eliminate all strategies which are not...
Persistent link: https://www.econbiz.de/10011946016
We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and compare the feedback non-cooperative emissions strategies of players when the players do not know the distribution of ecological uncertainty but they gain information (learn)...
Persistent link: https://www.econbiz.de/10013050176
Early results of evolutionary game theory showed that the risk dominant equilibrium is uniquely selected in the long … nonbest response is state-dependent. This paper shows that the unique selection of the risk dominant equilibrium is robust … exists a minimum population size beyond which the risk dominant equilibrium is uniquely selected. Our result is driven by …
Persistent link: https://www.econbiz.de/10011545755
Persistent link: https://www.econbiz.de/10001527234