Showing 1 - 10 of 120,275
to what a traditional rational optimizing agent would choose. This model is a first step to understand decision-making in …
Persistent link: https://www.econbiz.de/10010192076
The concept of "utility" is often used in ambiguous ways in economics, from having substantive psychological … conceive of utility. It turns out that empirical evidence does not favor a view of multidimensional utility. This does not … eliminate the possibility to make a normative argument supporting a multidimensional notion of utility. -- utility ; pleasures …
Persistent link: https://www.econbiz.de/10003905687
understanding of their relative importance. We propose a multi-attribute random utility model that unifies prior theoretical …-specific and decisionspecific variation in attention and verify our framework in an eye-tracking experiment on risky choice. We …
Persistent link: https://www.econbiz.de/10012510861
Persistent link: https://www.econbiz.de/10011703086
-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and …Although decision makers are often reported to have difficulties in making comparisons between multi … brain sciences to assess whether, and for what reasons, this assumption may be warranted. It is claimed that the decision …
Persistent link: https://www.econbiz.de/10009409675
Persistent link: https://www.econbiz.de/10011565907
The concept of utility is often used in ambiguous ways in economics, from having substantive psychological connotations … conceive of utility. It turns out that empirical evidence does not favor a view of multidimensional utility. This does not … eliminate the possibility to make a normative argument supporting a multidimensional notion of utility. …
Persistent link: https://www.econbiz.de/10010267093
Persistent link: https://www.econbiz.de/10011669570
-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and …Although decision makers are often reported to have difficulties in making comparisons between multi … brain sciences to assess whether, and for what reasons, this assumption may be warranted. It is claimed that the decision …
Persistent link: https://www.econbiz.de/10010286755
Persistent link: https://www.econbiz.de/10010345256