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Since the 1980s, there has been explosive growth in the use of experimental methods in economics, leading to exciting developments in economic theory and policy. Despite this, the status of experimental economics remains controversial. In Experimenta
Publikováno v:
Journal of Risk and Uncertainty. 65:105-137
The Description-Experience gap (DE gap) is widely thought of as a tendency for people to act as if overweighting rare events when information about those events is derived from descriptions but as if underweighting rare events when they experience th
Autor:
Robin Cubitt, Robert Sugden
The game-theoretic assumption of ‘common knowledge of rationality’ leads to paradoxes when rationality is represented in a Bayesian framework as cautious expected utility maximization with independent beliefs (ICEU). We diagnose and resolve these
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::4b8744c6a80ab23e6502b3c2ddfecc78
http://www.nottingham.ac.uk/cedex/documents/papers/2008-01.pdf
http://www.nottingham.ac.uk/cedex/documents/papers/2008-01.pdf
Autor:
Robin Cubitt, Jurgen Eichberger
Publikováno v:
The Economic Journal. 104:1224