Uncertain Decisions: Bridging Theory and Experiments

Abstract

Part I: Non-Expected Utility Theory. 1. Risk and Uncertainty Aversion with Reference to the Theories of Expected Utility, Rank Dependent Expected Utility, and Choquet Expected Utility A. Montesano. 2. Dynamic Consistency and Non-Expected Utility U. Segal. 3. Ambiguity-Aversion and Non-Additive Probability: Experimental Evidence, Models and Applications C. Camerer. Part II: Non-Expected Utility Applications. 4. Consumption, Savings and Asset Returns with Non-Expected Utility L.G. Epstein. 5. Estimating (Risk) Preference Functionals Using Experimental Methods J.D. Hey. 6. Randomisation, Mixed Strategies and the Reduction Axiom M. Bernasconi. 7. Experimental Studies of Signaling Games F. van Winden. 8. Independence between Events with Non-Additive Probability N. Dimitri. 9. Fuzzy Decision Theory A. Billot. 10. An Overview of Case-Based Decision Theory I. Gilboa, D. Schmeidler. 11. The Recent Advances in Decision Theory under Uncertainty: A Non-Technical Introduction A. Vercelli. Part IV: Value to Real World: The Experimental Contribution. 12. Decision Theory and Real Decisions: A Research Agenda K.R. MacCrimmon. 13. Policy and the Use of Laboratory Experimental Methodology in Economics C.R. Plott. 14. Buyer and Seller Effect Disentangled. An Experiment on the Microstructure of Demand C. Borelli, et al. Index.