Add to ORKGThe theory of rational behavior has several different uses. (i) It is used at the most fundamental level of experimental methodology to induce preferences used as parameters in models. (ii) It appears repeatedly in experimentally successful mathematical models of complex phenomena such as speculation, bidding and signaling. (iii) It is used as a tool to generate ex-post models of results that are otherwise inexplicable. (iv) It has been used as a tool to successfully design new institutions to solve specific problems. When tested directly the theory can be rejected. It is retained because neither an alternative theory nor an alternative general principle accomplishes so much
This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insig...
While laboratory experiments documenting some level of irrational behavior are now commonplace, expl...
While laboratory experiments documenting some level of irrational behavior are now commonplace, expl...
The theory of rational behavior has several different uses. (i) It is used at the most fundamental l...
The theory of rational behavior has several different uses. First, it is used at the most fundamenta...
This paper reviews a series of paradoxes that exist in the experimental economics literature. These ...
This paper reviews a series of paradoxes that exist in the experimental economics literature. These ...
This paper reviews a series of paradoxes that exist in the experimental economics literature. These ...
Laboratory experimentation was once considered impossible or irrelevant in economics. Recently, howe...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...
Rational Choice--the published record of a conference on economics and psychology--frames the issues...
According to rational choice theory, rational consumers tend to maximize utility under a given budge...
It is the premise of this paper that the study of the decision behavior of suitably motivated indivi...
It is the premise of this paper that the study of the decision behavior of suitably motivated indivi...
[Introduction] The focus on individual behaviour in economics is derived from an interest in the be...
This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insig...
While laboratory experiments documenting some level of irrational behavior are now commonplace, expl...
While laboratory experiments documenting some level of irrational behavior are now commonplace, expl...
The theory of rational behavior has several different uses. (i) It is used at the most fundamental l...
The theory of rational behavior has several different uses. First, it is used at the most fundamenta...
This paper reviews a series of paradoxes that exist in the experimental economics literature. These ...
This paper reviews a series of paradoxes that exist in the experimental economics literature. These ...
This paper reviews a series of paradoxes that exist in the experimental economics literature. These ...
Laboratory experimentation was once considered impossible or irrelevant in economics. Recently, howe...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...
Rational Choice--the published record of a conference on economics and psychology--frames the issues...
According to rational choice theory, rational consumers tend to maximize utility under a given budge...
It is the premise of this paper that the study of the decision behavior of suitably motivated indivi...
It is the premise of this paper that the study of the decision behavior of suitably motivated indivi...
[Introduction] The focus on individual behaviour in economics is derived from an interest in the be...
This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insig...
While laboratory experiments documenting some level of irrational behavior are now commonplace, expl...
While laboratory experiments documenting some level of irrational behavior are now commonplace, expl...