RATIONAL AND SOCIAL CHOICE Part 5 potx

... amounts ($40 and $200) than for large amounts of money ($1000 and $50 00), and for speed- up than for delay (time horizons considered were 6 months and 1 year for the small amounts, and 2 and 4 years ... periods. 15 See also Benzion, Rapoport, and Yagil (1989) for an example in the case of hypothetical choices, and Pender (1996) for actual choices. choice over time 269 Guy...

Ngày tải lên: 05/08/2014, 13:20

... 1 75 202. Tversky, A., and Fox,C.R.(19 95) . Weighting Risk and Uncertainty. Psychological Review, 102, 269–83. and Wakker,P.(19 95) . Risk Attitudes and Decision Weights. Econometrica, 63, 1 255 – 80. Wakker,P.(2001). ... Handbook of Utility Theory, ii. 6 85 755 . Dordrecht: Kluwer. Tversky, A., and Fox,C.(19 95) . Weighing Risk and Uncertainty. Psychological Review, 102, 269–83....

Ngày tải lên: 05/08/2014, 13:20

... have akinkatthe 45 ◦ line. This kink is an important difference between EU and RDU (as well as PT and DT) and can be characterized by the concepts of first- order and second-order risk aversion. Consider a random ... Mathematical Economics, 18, 141 53 . Hammond,Peter J. (1988). Consequentialist Foundations for Expected Utility. Theory and Decision, 25, 25 78. Herstein,I.N.,andMilnor,...

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... into two states. Starmer and Sugden obtained choices between lotteries like O 1 and a standard lottery, and lotteries like O ∗ 1 and the same standard lottery. The standard lotteries were always ... comparison between two choices, shown in Ta bl e 8.3 as a choice between O 1 and O 2 and between O ∗ 1 and O ∗ 2 . The table shows the two choices in a form (due to Savage 1 954 )...

Ngày tải lên: 05/08/2014, 13:20

... Protect?— Systematics and the Agony of Choice. Biological Conservation, 55 , 2 35 54 . Van Hees,M.(2004). Freedom of Choice and Diversity of Options: Some Difficulties. Social Choice and Welfare, 22, 253 –66. Weitzman,M.(1992). ... {x, y, z} and suppose that x and y,aswellas y and z are similar, but x and z are not similar. The singleton partition (i.e. here: {{x}, {y}, {z...

Ngày tải lên: 05/08/2014, 13:20

... Oxford Economic Papers, 45, 51 9–41. (19 95) . Rationality and Social Choice. American Economic Review, 85, 1–24. (1996). Maximization and the Act of Choice. Econometrica, 65, 7 45 79. Simon,H.A.(1976). ... 48–71. Peragine,V.,andRomero-Medina,A.(2006). On Preference, Freedom and Diversity. Social Choice and Welfare, 27, 29–40. Puppe,C.(19 95) . Freedom of Choice and Rati...

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... Theorem. Social Choice and Welfare, 22/1, 237 51 . Tungodden,Bertil (1999). The Distribution Problem and Rawlsian Reasoning. Social Choice and Welfare, 16, 59 9–614. Vallentyne,Peter (20 05) . Capabilities ... On the Informational Basis of Social Choice. Social Choice and Welfare, 21, 347–84. (20 05) . Social Choice and the Indexing Dilemma. <http://cerses.shs...

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... Law and Economics, 21/2, 197–211. Chapman,B.(2002). Rational Aggregation. Politics, Philosophy and Economics, 1/3, 337 54 . Claussen,C.A.,andRøisland,O.(20 05) . Collective Economic Decisions and ... indifference requires x 51 6 wulf gaertner Table 21 .5. Risk scenario: Q 4.2 No. Income distribution 1 {60,000 60,000 60,000 60,000 60,000} 2 {50 ,000 55 ,000 60,000 65, 000 70,000} 3 {4...

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... 15, 129, 407, 451 –2 aggregation 56 1–2 convex and core of 123 empirical work on 55 1–2, 55 3–4, 55 7 indexing problem 55 7–61 relevant 55 2–7 social 55 6 see also functionings capabilities set 54 8 50 capacities ... 13, 52 5, 52 8, 53 0 Tul lo ck, G. 158 , 160, 164 Tungodden, B. 12, 399, 411, 4 15, 419, 4 45, 453 , 55 8, 55 9 Tversky, A. 64 5, 69, 75 7, 82–3, 85 6, 94 5, 1...

Ngày tải lên: 05/08/2014, 13:20

... diameters at P =30 mm and di =17. 65 mm. Evaporation, Condensation and Heat Transfer 164 0.0 0 .5 1.0 1 .5 2.0 2 .5 3.0 0 100 200 300 400 50 0 Test No. 45 Inlet mixture Re = 1 759 56 Inlet mass fraction ... T surf. ) 0 C 3000 350 0 4000 450 0 50 00 55 00 6000 Heat flux (q") ,W/m 2 Vertical postion D= 250 mm and P=30 mm di= 3.36 mm di = 4. 95 mm di=11.3 mm di =...

Ngày tải lên: 19/06/2014, 12:20