메뉴 건너뛰기




Volumn 51, Issue 2-4, 2001, Pages 197-216

On preference for flexibility and complexity aversion: Experimental evidence

Author keywords

Complexity; Flexibility; Information; Menu dependence; Rationality

Indexed keywords


EID: 0041781700     PISSN: 00405833     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1015555026870     Document Type: Article
Times cited : (21)

References (22)
  • 1
    • 0001000145 scopus 로고
    • Lottery dependent utility
    • Becker, J. and Sarin, R. (1987), Lottery dependent utility, Management Science 33, 1367-1382.
    • (1987) Management Science , vol.33 , pp. 1367-1382
    • Becker, J.1    Sarin, R.2
  • 2
    • 0002239367 scopus 로고
    • Repeated games with finite automata
    • Ben-Porath, E. (1993), Repeated games with finite automata, Journal of Economic Theory 59, 17-32.
    • (1993) Journal of Economic Theory , vol.59 , pp. 17-32
    • Ben-Porath, E.1
  • 3
    • 0005068549 scopus 로고    scopus 로고
    • Decision making under risk: Effect of complexity on performance
    • Bruce, J. and Johnson, J. E. (1996) Decision making under risk: Effect of complexity on performance, Psychological Report 79, 67-76.
    • (1996) Psychological Report , vol.79 , pp. 67-76
    • Bruce, J.1    Johnson, J.E.2
  • 4
    • 0002340332 scopus 로고
    • Individual decision making
    • J.L. Kagel and E.R. Roth (eds.), Princeton, NJ: Princeton University Press
    • Camerer, C.F. (1995), Individual decision making. In: J.L. Kagel and E.R. Roth (eds.), Handbook of Experimental Economics. Princeton, NJ: Princeton University Press.
    • (1995) Handbook of Experimental Economics
    • Camerer, C.F.1
  • 5
    • 17444441725 scopus 로고    scopus 로고
    • Boundedly rational decision emergence - A general perspective and some selective illustrations
    • Güth, W. (2000), Boundedly rational decision emergence - a general perspective and some selective illustrations, Journal of Economic Psychology 21: 433-458.
    • (2000) Journal of Economic Psychology , vol.21 , pp. 433-458
    • Güth, W.1
  • 6
    • 0033474433 scopus 로고    scopus 로고
    • Risk, complexity and deviations from EV maximization - Results of a lottery choice experiment
    • Hucks, S. and Weizsacker, G. (1999), Risk, complexity and deviations from EV maximization - results of a lottery choice experiment, Journal of Economic Psychology 20, 699-715.
    • (1999) Journal of Economic Psychology , vol.20 , pp. 699-715
    • Hucks, S.1    Weizsacker, G.2
  • 7
    • 0005035607 scopus 로고    scopus 로고
    • A profit model for estimating the effect of complexity on risk taking
    • Johnson, J.E. and Bruce, A.C. (1997a), A profit model for estimating the effect of complexity on risk taking, Psychological Reports 80, 763-772.
    • (1997) Psychological Reports , vol.80 , pp. 763-772
    • Johnson, J.E.1    Bruce, A.C.2
  • 8
    • 0005037146 scopus 로고    scopus 로고
    • An empirical study of the impact of complexity on participation in horse race betting
    • Johnson, J.E. and Bruce, A.C. (1997b), An empirical study of the impact of complexity on participation in horse race betting, Journal of Gambling Studies 13, 159-172.
    • (1997) Journal of Gambling Studies , vol.13 , pp. 159-172
    • Johnson, J.E.1    Bruce, A.C.2
  • 9
    • 0003350445 scopus 로고
    • On the flexibility of future preferences
    • M. W. Shelly and G. L. Bryan (eds.), New York: John Wiley and Sons
    • Koopmans T.C. (1964), On the flexibility of future preferences. In: M. W. Shelly and G. L. Bryan (eds.), Human Judgements and Optimality. New York: John Wiley and Sons.
    • (1964) Human Judgements and Optimality
    • Koopmans, T.C.1
  • 10
    • 0001594020 scopus 로고
    • A representation theorem for 'Preference for flexibility'
    • Kreps, D. (1979), A representation theorem for 'Preference for flexibility', Econometrica 47, 565-577.
    • (1979) Econometrica , vol.47 , pp. 565-577
    • Kreps, D.1
  • 11
    • 0038804201 scopus 로고    scopus 로고
    • On complexity and lotteries' evaluation: Three experimental observations
    • Mador, G., Sonsino, D. and Benzion, U. (2000), On complexity and lotteries' evaluation: Three experimental observations, Journal of Economic Psychology 21, 625-637.
    • (2000) Journal of Economic Psychology , vol.21 , pp. 625-637
    • Mador, G.1    Sonsino, D.2    Benzion, U.3
  • 13
    • 84980124811 scopus 로고
    • Flexibility, uncertainty and economic theory
    • Marshak, T. and Nelson, R. (1962), Flexibility, uncertainty and economic theory, Metroeconomica 14, 42-58.
    • (1962) Metroeconomica , vol.14 , pp. 42-58
    • Marshak, T.1    Nelson, R.2
  • 15
    • 84935493654 scopus 로고
    • Decision making over time and under uncertainty: A common approach
    • Prelec, D. and Loewenstein, G. (1991), Decision making over time and under uncertainty: A common approach, Management Science 37, 770-786.
    • (1991) Management Science , vol.37 , pp. 770-786
    • Prelec, D.1    Loewenstein, G.2
  • 17
    • 0003687484 scopus 로고    scopus 로고
    • Zeuthen Lecture Book Series. MIT Press, Cambridge, MA
    • Rubinstein, A. (1998), Modeling Bounded Rationality. Zeuthen Lecture Book Series. MIT Press, Cambridge, MA.
    • (1998) Modeling Bounded Rationality
    • Rubinstein, A.1
  • 18
    • 0005879846 scopus 로고    scopus 로고
    • Lottery dependent utility: A reexamination
    • Schmidt, U. (2001), Lottery dependent utility: A reexamination, Theory and Decision 50, 35-58.
    • (2001) Theory and Decision , vol.50 , pp. 35-58
    • Schmidt, U.1
  • 19
    • 0009002447 scopus 로고    scopus 로고
    • Fluctuating uncertainty and flexibility value
    • Shin, K. (1999), Fluctuating uncertainty and flexibility value, Quarterly Review of Economics and Finance 39, 329-340.
    • (1999) Quarterly Review of Economics and Finance , vol.39 , pp. 329-340
    • Shin, K.1
  • 21
    • 0036772112 scopus 로고    scopus 로고
    • The complexity effect on choice with uncertainty: Experimental evidence
    • forthcoming
    • Sonsino, D., Mador, G and Benzion, U (2002), The complexity effect on choice with uncertainty: Experimental evidence, The Economic Journal (forthcoming)
    • (2002) The Economic Journal
    • Sonsino, D.1    Mador, G.2    Benzion, U.3
  • 22
    • 0000095272 scopus 로고
    • Lottery choice: Incentives, complexity and decision time
    • Wilcox, N. (1993), Lottery choice: incentives, complexity and decision time, Economic Journal 103, 1397-1417.
    • (1993) Economic Journal , vol.103 , pp. 1397-1417
    • Wilcox, N.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.