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Mentalizing in economic decision-making
Behavioural Brain Research, 2008In the Ultimatum Game, participants typically reject monetary offers they consider unfair even if the alternative is to gain no money at all. In the present study, ERPs were recorded while subjects processed different offers of a proposer. In addition to clearly fair and unfair offers, mid-value offers which cannot be easily classified as fair or ...
POLEZZI, DAVID +6 more
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The behavioral economics of instructional decision making
2016 IEEE Frontiers in Education Conference (FIE), 2016Faculty members' decisions to alter teaching practices is often driven and restricted by both institutional and personal factors [1]. When examining these factors, faculty make judgments as a mechanism to evaluate the cost-benefit of enacting such a change.
Cory Hixson +2 more
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An economic theory of patient decision-making
Journal of Bioethical Inquiry, 2005Patient autonomy, as exercised in the informed consent process, is a central concern in bioethics. The typical bioethicist's analysis of autonomy centers on decisional capacity--finding the line between autonomy and its absence. This approach leaves unexplored the structure of reasoning behind patient treatment decisions.
Douglas O, Stewart, Joseph P, DeMarco
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Dynamic Economic Decision Making
2021This chapter presents dynamic optimization for economic decision making in the context of both dynamic cost minimization and dynamic profit maximization given different primal representations of the dynamic technology. The Bellman equation of dynamic programming serves as the analytical foundation for the duality between the production technology and ...
Elvira Silva +2 more
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Economic Evaluation and Decision Making in the UK
PharmacoEconomics, 2006This article reviews the development of economic evaluation of health technologies in the UK and its impact on decision making. After a long period of limited impact from studies mainly carried out as academic exercises, the advent of the National Institute for Health and Clinical Excellence (NICE) in 1999 provided a transparent decision-making context
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Household Economic Decision Making
1988It seems so obvious and commonplace what the concepts “family” and “household” mean that they have frequently been employed loosely without formal definitions. However, the seemingly simple task to define these terms can become a rather complicated matter.
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The Economics of Decision Making
1974Abstract : The design of a decision analysis is itself a complex decision problem. In theory, each aspect of analysis, encoding the probability density functions of state variables, encoding the von Neuman-Morgenstern utility function, and computing profit lotteries is an experiment.
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Essays on Economic Decision Making
2016My dissertation consists of three chapters and I take different approach in each chapter to investigate economic decision making behavior. The first chapter analyzes individuals strategic decisionmaking when players have replaceable identities and private information in a repeated prisoners dillmma game.
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