We study an experiment of the students-proposing deferred acceptance mechanism (DA) in matching markets where firms are matched with students. We investigated the two different situations: (i) Students know firms' preferences and firms submit their true preference, (ii) Students know firms'...

Klimapolitische Entscheidungen sind herausfordernd. Eine besondere Schwierigkeit liegt in der Folgeabschätzung: Meist sind zwar die möglichen Handlungsfolgen, nicht aber deren Wahrscheinlichkeiten bekannt (Entscheidungen unter Unsicherheit). Mitunter ist sogar unklar, welche Handlungsfolgen...

Re-enchantment taps well into the current zeitgeist: The rising focus on emotions and post-material values also in organizational context. Enchantment is deeply tied to socially generated emotions. Our aim is to develop the concept of copassion, referring to the process of responding to the...

We study an experiment of the students-proposing deferred acceptance mechanism (DA) in matching markets where firms are matched with students. We investigated the two different situations: (i) Students know firms' preferences and firms submit their true preference, (ii) Students know firms'...

This study investigates the role of default options in the relationship between trait anxiety, and decision-making styles and financial decisions. One hundred and ninety-four participants were divided into three groups and subjected to three different conditions. Under each experimental...

Background: Nowadays, variable domination structure is instrumental in studying multiobjective decision making problems. We investigate multiobjective location problems with respect to variable domination structure and its applications in supply chain management. Methods: We formulate practical...

Multi-Criteria Decision Analysis (MCDA) is a sub-discipline of operations research that aims to solve multi-objective optimization problems by evaluating competing factors in decision-making. MCDA supports multidimensional decision-making processes through the analysis of diverse inputs at...

The role of financial experts is to provide their professional judgments with an opinion included in the financial reports after reviewing an entity’s financial information, following a specific audit process. We investigate whether self-inferred confirmation bias occurs among auditors during...

We present a theory in which the choice set cues a consumer to recall a norm, and surprise relative to the norm shapes his attention and choice. We model memory based on Kahana (2012), where past experiences that are more recent or more similar to the cue are recalled and crowd out others. We...

Choice Algonomics is a Report on Algorand and Choice Coin tokenomics with an emphasis on Algo and Choice. Algo is the native cryptocurrency of the Algorand blockchain and its breakthrough layer-1 technical protocol. Choice is a utility token for voting created by the Choice Coin DAO, the largest...

Shackle was one of the representative critics of probability calculus. His alternative decision theory was mathematically reformalized by Katzner till 1990s. Following the Katzner's reformalized framework, this paper presents a new interpretation of Shacklean theory by focusing on the common...

We report on two novel choice experiments with real goods where subjects in one treatment are forced to choose, as is the norm in economic experiments, while in the other they are not but can instead incur a small cost to defer choice. Using a variety of measures, we find that the active choices...

Klimapolitische Entscheidungen sind herausfordernd. Eine besondere Schwierigkeit liegt in der Folgeabschätzung: Meist sind zwar die möglichen Handlungsfolgen, nicht aber deren Wahrscheinlichkeiten bekannt (Entscheidungen unter Unsicherheit). Mitunter ist sogar unklar, welche Handlungsfolgen...

Recent literature raises concerns about monotonicity conditions required to interpret IV estimates under heterogeneous effects. A prominent example involves random decision-maker IV designs where decision-makers exhibit systematic differences in both preferences and skills. We perform tests of...

It is well established that the social and economic environment of medical care distinguishes its provision from that of other goods and services. While scholars have studied the influences of this idiosyncratic environment, there is relatively little empirical knowledge about how it affects...

On taking the intermediate value theorem (IVT) and its converse as a point of departure, this paper connects the intermediate value property (IVP) to the continuity postulate typically assumed in mathematical economics, and to the solvability axiom typically assumed in mathematical psychology....

Decision-making on real-world problems, including individual process decisions, requires an appropriate and reliable decision support system. Fuzzy set theory, rough set theory, and neutrosophic set theory, which are MCDM techniques, are useful for modeling complex decision-making problems with...