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

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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.

http://hdl.handle.net/1866/2034

Relação

Cahier de recherche #9602

Palavras-Chave #[JEL:C50] Mathematical and Quantitative Methods - Econometric Modeling - General #[JEL:C52] Mathematical and Quantitative Methods - Econometric Modeling - Model Evaluation and Selection #[JEL:D80] Microeconomics - Information, Knowledge, and Uncertainty - General #[JEL:D81] Microeconomics - Information, Knowledge, and Uncertainty - Criteria for Decision-Making under Risk and Uncertainty #[JEL:D84] Microeconomics - Information, Knowledge, and Uncertainty - Expectations; Speculations #[JEL:C50] Mathématiques et méthodes quantitatives - Modélisation économétrique - Généralités #[JEL:C52] Mathématiques et méthodes quantitatives - Modélisation économétrique - Évaluation de modèles et tests #[JEL:D80] Microéconomie - Information et incertain - Généralités #[JEL:D81] Microéconomie - Information et incertain - Critères de prise de décision sous le risque et l'incertain #[JEL:D84] Microéconomie - Information et incertain - Attentes et spéculations
Tipo

Article