Zobrazeno 1 - 10
of 248
pro vyhledávání: '"Larry Samuelson"'
Autor:
Larry Samuelson, Jeroen M. Swinkels
Publikováno v:
Theoretical Economics, Vol 1, Iss 1, Pp 119-142 (2006)
Human utility embodies a number of seemingly irrational aspects. The leading example in this paper is that utilities often depend on the presence of salient unchosen alternatives. Our focus is to understand why an evolutionary process might optimally
Externí odkaz:
https://doaj.org/article/1de277f1a977427bbb1b87d557976336
Publikováno v:
Journal of Economic Methodology. :1-20
Autor:
Itzhak Gilboa, Larry Samuelson
Publikováno v:
Theoretical Economics. 17:507-519
Decision theory can be used to test the logic of decision making—one may ask whether a given set of decisions can be justified by a decision‐theoretic model. Indeed, in principal–agent settings, such justifications may be required—a manager o
Autor:
Itzhak Gilboa, Larry Samuelson
Publikováno v:
Theory and Decision. 92:625-645
It has been argued that Pareto-improving trade is not as compelling under uncertainty as it is under certainty. The former may involve agents with different beliefs, who might wish to execute trades that are no more than betting. In response, the con
Publikováno v:
Games and Economic Behavior. 123:22-40
We present and axiomatize a model combining and generalizing theory-based and analogy-based reasoning in decision under uncertainty. An agent has beliefs over a set of theories describing the data generating process, given by decision weights. She al
Autor:
Jörgen W. Weibull, Larry Samuelson
Publikováno v:
International Journal of Game Theory. 49:673-680
Autor:
George J. Mailath, Larry Samuelson
Publikováno v:
American Economic Review. 110:1464-1501
People reason about uncertainty with deliberately incomplete models. How do people hampered by different, incomplete views of the world learn from each other? We introduce a model of “ model-based inference.” Model-based reasoners partition an ot
Autor:
Arthur Robson, Larry Samuelson
Publikováno v:
Journal of Economic Theory. 205:105552
Autor:
Larry Samuelson, Arthur J. Robson
Publikováno v:
Journal of Economic Theory. 181:44-81
We examine the evolutionary foundations of risk attitudes in age-structured populations. The effect of idiosyncratic risk concerning fertility or mortality rates is captured by the corresponding mean fertility or mortality rate. The effect of aggrega
Autor:
Larry Samuelson, Eric W. Bond
Publikováno v:
Games and Economic Behavior. 114:83-100
We study bargaining between a country and a multinational firm over the firm's entry to sell a patented product when the firm has private information about its profits and the country has the threat of issuing a compulsory license (CL). We assume the