Search Results - subject_exact:"Decision model"

Andre, Peter; Chopra, Felix; Michels, Luca; Wohlfart, … - 2026

Expectations are central to models of economic and financial decision-making. Yet in practice, individuals are often inattentive and, when asked, report fragile, context-dependent expectations that are only weakly linked to decisions. This raises the question to what extent they hold such...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625641

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Do people have economic expectations?

Andre, Peter; Chopra, Felix; Michels, Luca; Wohlfart, … - 2026

Book / Working Paper

Do people have economic expectations?

Andre, Peter; Chopra, Felix; Michels, Luca; Wohlfart, … - 2026

Book / Working Paper

Do people have economic expectations?

Andre, Peter; Chopra, Felix; Michels, Luca; Wohlfart, … - 2026

Book / Working Paper

Expert-elicited weights in multi-criteria decision analysis : theory and practice

Chang, Shu-ya - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625092

Effects of price path shapes and decision frames on emotions and investment decisions : experimental evidence

Cordes, Henning; Decke, Philipp; Nolte, Sven; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015626639

Identifying behavioral types

Kops, Christopher; Manzini, Paola; Mariotti, Marco; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015633012

Exploring choice errors in children

Caliari, Daniele; Dardanoni, Valentino; Guerriero, Carla; … - 2026 - This version: February 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015633016

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Exploring choice errors in children

Caliari, Daniele; Dardanoni, Valentino; Guerriero, Carla; … - 2024

Book / Working Paper

SOEP-IS 2024 - IRISK : decision from description vs. decision from experience

2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015633164

Compressed beliefs

Zihlmann, Christian - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613884

Consistency in collective decision-making under uncertainty : an axiomatic approach

Gonzalez, Stéphane; Huynh, Le-Nhat-Linh - 2026 - Version of February 3, 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614301

Decision rules in choice under risk

Seror, Avner - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614357

Mathematical foundations of health economics : Arrow, Garber, and the economics of medical uncertainty

Ryłow, Jakub - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616232

Decision models for on-premises parcel lockers service revenue management

Mohri, Seyed Sina; Hadi Ghaderi; Farahani, Reza Zanjirani; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015606044

The hidden objectivism of revealed-preference welfare economics

Kolmar, Martin - 2026

Revealed preference theory (RPT) and its behavioral extension (BRPT) underpin an important strand of welfare economics. Their normative appeal rests on the claim that welfare can be inferred from observed behavior without substantive assumptions about what agents should value - a property I call...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609837

A multi-criteria decision-making approach for air rescue units allocation during disaster response

Rebouças, Sergio; Pamplona, Daniel A.; Scarpel, … - 2026

Background: Despite advances in monitoring and forecasting systems, natural disasters continue to cause significant human losses. During the response phase, fast decisions are required to allocate limited resources, particularly rescue helicopters, which play a key role in reaching inaccessible...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611807

History-dependent preferences : an axiomatic perspective

Dolgopolov, Arthur; Karos, Dominik; Lehrer, Ehud - 2026

This paper develops an axiomatic framework for decision making when preferences depend not only on the current alternative but also on the past frequency with which alternatives have been chosen. We identify key independence axioms that characterize frequency-dependent preferences. In addition,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015594797

Fat-tailed distribution under the smooth ambiguity model

Osei, Prince - 2026

We study the ambiguity-adjusted return distribution induced by an investor with smooth ambiguity preferences 'a la Klibano! et al. (2005), who faces uncertainty about the variance of asset returns. The variance uncertainty is modeled using a gamma distribution, a second-order prior over the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015594918

Reconsidering mistakes: reproduction and replication of Nielsen and Rehbeck (2022)

Bayle, Gabriel; Dubois, Dimitri; Varaine, Simon - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015604130

Multi-step delegation and the frequency of immoral decisions : theory and experiment

Bieberstein, Frauke von; Feess, Eberhard; Packham, Natalie - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015583619

Identification in stochastic choice

Caradonna, Peter; Turansick, Christopher - 2026 - This version: February 23, 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015638847

AI sycophancy and decisions

Conlon, John; Schwardmann, Peter - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015642056

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AI sycophancy and decisions

Conlon, John; Schwardmann, Peter - 2026

Book / Working Paper

Replication report: on the robustness and provenance of the gambler's fallacy by Xiang, Dorst, and Gershman (2025)

Berg, Anthony van den; Doroc, Karlo; Fu, Changfa; … - 2026

Xiang et al. (2025) investigate whether the gambler's fallacy-the false belief that a random event is less likely to occur if it has occurred recently-is robust to using probabilistic (versus point) predictions and independently and identically distributed (versus non-IID) sequences. In five...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650666

An analysis of machine learning approaches for enhancing decision-making in complex discrete choice tasks

Cao, Sheng Lun (Christine); Nock, Destenie; Davis, Alex - 2026

Discrete choice modeling is a common tool used for preference elicitation during policy-making, but this is typically done through parametric models. Machine learning can push the boundaries of discrete choice modeling for policy-based preference elicitation by adopting a data-driven approach...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652297

Decision-making when computational complexity drives uncertainty

Bossaerts, Peter L. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652504

SOEP-IS 2023 - IRISK : decision from description vs. decision from experience

2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015375147

Ratio bias across cultures and disciplines : how academic background shapes statistical decision-making

Baumeister, Jochen; Streicher, Bernhard; Lermer, Eva - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372165

Determinants of economic risk preferences across adolescence

Zhang, Yubing; Camerer, Colin; Tashjian, Sarah M. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372175

Framing biases in plea bargaining decisions : insights from the psychology of medical decision making

Wolfe, Christopher R. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372186

The role of cognitive biases in conspiracy beliefs : a literature review

Gagliardi, Lorenzo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372199

Hoping for the best while preparing for the worst in the face of uncertainty : a new typemof incomplete preferences

Bardier, Pierre; Bach Dong Xuan; Nguyen, Van-Quy - 2025

We propose and axiomatize a new model of incomplete preferences under uncertainty, which we call hope-and-prepare preferences. An act is considered more desirable than another when, and only when, both an optimistic evaluation, computed as the welfare level attained in a best-case scenario, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015210350

Nudging, fast and slow : experimental evidence from food choices under time pressure

Lohmann, Paul; Gsottbauer, Elisabeth; Gravert, Christina; … - 2025

Understanding when and why nudges work is crucial for designing interventions that consistently and reliably change behaviour. This paper explores the relationship between decision-making speed and the effectiveness of two nudges – carbon footprint labelling and menu repositioning – aimed at...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015326221

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Nudging fast and slow : experimental evidence from food choices under time pressure

Lohmann, Paul; Gsottbauer, Elisabeth; Gravert, Christina; … - 2024

Book / Working Paper

Subjective probabilities under behavioral heuristics

Rahman, Oriana; Semenov, Andrei - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331645

Some notes on Savage's representation theorem

Frahm, Gabriel; Hartmann, Lorenz - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015333320

Personalized pricing decisions through adversarial risk analysis

García Rasines, Daniel; Naveiro, Roi; Ríos Insua, David; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015338274

The unintended effects of ethical decision aids in organizations

Baader, Malte; Egorov, Maxim; Renert, Baiba; Renerte, Baiba - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015338465

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The unintended effects of ethical decision aids in organizations

Baader, Malte; Egorov, Maxim; Renerte, Baiba; Tanner, Carmen - 2025

Book / Working Paper

Commitment, Kantian Economics and climate change : rethinking rational choice and individual responsibility

Guigourez, Mathieu - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015339667

Optimizing sequential decision-making under risk : strategic allocation with switching penalties

Malekipirbazari, Milad - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015094944

Context-dependent risk preferences and decoy effects

Herweg, Fabian; Müller, Daniel; Özgümüs, Asri; … - 2025

We present a theory of context-dependent risk preferences under which within-state payoff comparisons and regret aversion shape decisions. Defining the attraction and compromise effect in reference to a state-space-based description of the choice problem, we show that our theory can account for...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015182570

Preferences for drought risk adaptation support in Kenya : evidence from a discrete choice experiment and three decision-making theories

Schrieks, Teun; Botzen, W. J. Wouter; Haer, Toon; … - 2025

Promoting household-level adaptation measures is an important part of climate change adaptation policies to reduce vulnerability to droughts for (agro-)pastoral communities in sub-Saharan Africa. To develop effective supportive policies, it is important to get a better understanding of the needs...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015178207

C-frame thinking : embedding behavioral economics into ecological economics

Boncinelli, Leonardo; Dallinger, Luzie; Distefano, Tiziano - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015178341

Fair group decisions via non-deterministic proportional consensus

Heitzig, Jobst; Simmons, Forest W.; Constantino, Sara M. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015189592

Lotto lotteries : decision making under uncertainty when payoffs are unknown

Schröder, David - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015190618

Influence structures and information aggregation in groups

Klapper, Helge; Maciejovsky, Boris; Puranam, Phanish; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015191841

Information unraveling and limited depth of reasoning

Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2025

Information unraveling is an elegant theoretical argument suggesting that private information is voluntarily and fully revealed in many circumstances. However, the experimental literature has documented many cases of incomplete unraveling and has suggested limited depth of reasoning on the part...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015485898

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Information unraveling and limited depth of reasoning

Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2025

Book / Working Paper

Antimonotonicity for preference axioms : the natural counterpart to comonotonicity

Principi, Giulio; Wakker, Peter P.; Wang, Ruodu - 2025

Comonotonicity (''same variation'') of random variables minimizes hedging possibilities and has been widely used, e.g., in Gilboa and Schmeidler's ambiguity models. This paper investigates anticomonotonicity (''opposite variation''; abbreviated ''AC''), the natural counterpart to comonotonicity....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015455276

Range effects in economic choice : the role of complexity

Bondi, Tommaso; Csaba, Daniel; Friedman, Evan; Nunnari, … - 2025

Several behavioral models assume that choice over multi-attribute goods is systematically affected by the ranges of attribute values. Two recurring principles in this literature are contrast, whereby attributes with larger ranges attract attention and are therefore overweighted, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015462544

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