Experimental Studies of Interactive Decisions.pdf

Experimental Studies of Interactive Decisions

Amnon Rapoport

This book is about the interplay of theory and experimentation on group decision making in economics. The theories that the book subjects to experimental testing mostly come from the theory of games. The decisions investigated in the book mostly concern economic interaction like strict competition. two-person bargaining. and coalition formation. The underlying philosophy of the articles collected in this book is consistent with the opinion of a growing number of economists and psychologists that economic issues cannot be understood fully just by thinking about them. Rather. the interplay between theory and experimentation is critical for the development of economics as an observational science (Smith. 1989). Reports of laboratory experiments in decision making and economics date back more than thirty years (e.g .. Allais. 1953

Keywords: response time, reaction time, decision problems, Allais paradox, ... This type of experimental research has some obvious advantages: it is cheap and it ... Interactive and moral reasoning: A comparative study of response times. Decision making is the cornerstone of the social sciences. ... foremost importance for our understanding of human interaction and, hence, for the organisation ... in social science modelling approaches and the findings of experimental studies. ... On the other hand, collective decisions are the keystone for research in political ...

9401073910 ISBN
Englisch SPRACHE
Experimental Studies of Interactive Decisions.pdf


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Theme 3: Valence is not the only way that emotions influence decision making . ... Subsequent experimental studies experimentally induced participants to feel ... contextual variables, such as the motivation and ability of interaction partners to ... This was investigated in a series of three experimental studies ... testing of the interaction effects between problem size and decision aid, and increases.