Do people (want to) plan?

Scottish Journal of Political Economy

Volumn 52, Issue 1, 2005, Pages 122-138

  Hey, John D ^a,b  

^a UNIVERSITY OF BARI   (Italy)

^b UNIVERSITY OF YORK   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

DECISION MAKING; ECONOMIC THEORY; ECONOMICS; PSYCHOLOGY;

EID: 15044365393     PISSN: 00369292     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0036-9292.2005.00338.x     Document Type: Article

References (15)

1. Barkan, R. and Busemeyer, J. R. (1999). Changing plans: dynamic inconsistency and the effect of experience on the reference point. Psychonomic Bulletin and Review, 6, pp. 547-54.
2. Busemeyer, J. R., Weg, E., Li, X. and Ma, Z., Dynamic and consequential consistency of choices between paths of decision trees. Journal of Experimental Psychology: General, 129, pp. 530-45.
3. Carbone, E. and Hey, J. D. (2001). A test of the principle of optimality. Theory and Decision, 50, pp. 263-81.
4. Cubitt, R. P. (1996). Rational dynamic choice and expected utility theory. Oxford Economic Papers, 48, pp. 1-19.
5. Cubitt, R. P., Starmer, C. and Sugden, R. (1998). Dynamic choice and the common ratio effect: an experimental investigation. Economic Journal 108, pp. 1362-80.
6. Hammond, P. J. (1988a). Consequentialist foundations for expected utility. Theory and Decision, 25, 25-78.
7. Hammond, P. J. (1988b). Consequentialism and the independence axiom. In B. Munier (ed.), Risk, Decision and Rationality. Dordrecht: Reidel, pp. 503-16.
8. Hey, J. D. (1997). Experiments and the economics of individual decision making under risk and uncertainty. In D. M. Kreps and K. F. Wallis (eds.), Advances in Economics and Econometrics: Theory and Applications, Vol. 1. Cambridge: Cambridge University Press, pp. 173-205.
9. Kreps, D. M. and Porteus, E. L. (1978). Temporal resolution of uncertainty and dynamic choice theory. Econometrica, 46, pp. 185-200.
10. Kreps, D. M. and Porteus, E. L. (1979). Temporal von neumann-morgenstern and induced preferences. Journal of Economic Theory, 20, pp. 81-109.
11. Machina, M. J. (1984). Temporal risk and the nature of induced preferences. Journal of Economic Theory, 33, pp. 199-231.
12. Machina, M. J. (1989). Dynamic consistency and non-expected utility models of choice under uncertainty. Journal of Economic Literature 27, pp. 1622-68.
13. McClennen, E. F. (1990). Rationality and Dynamic Choice: Foundational Explorations. Cambridge: Cambridge University Press.
14. Paradiso, M. and Hey, J. D. (2004). Strategies vs backward induction in dynamic decision-making: an experimental investigation. Discussion Paper.
15. Segal, U. (1990). Two-stage lotteries without the independence axiom. Econometrica, 58, pp. 349-77.