Cognition in Seemingly Riskless Choices and Judgments.
Autoria(s):
Levy-Garboua, Louis; Montmarquette, Claude
Data(s)
24/01/2008
24/01/2008
1996
Resumo
We instillate rational cognition and learning in seemingly riskless choices and judgments. Preferences and possibilities are given in a stochastic sense and based on revisable expectations. the theory predicts experimental preference reversals and passes a sharp econometric test of the status quo bias drawn from a field study.
Formato
949822 bytes
application/pdf
Identificador
Levy-Garboua, L. et Montmarquette, C., «Cognition in Seemingly Riskless Choices and Judgments.», Cahier de recherche #9602, Département de sciences économiques, Université de Montréal, 1996, 27 pages.