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What is the price for utilizing deductive reasoning? A reply to generalized expectation maximizers

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  • Li, Shu

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  • Li, Shu, 1996. "What is the price for utilizing deductive reasoning? A reply to generalized expectation maximizers," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 355-358, March.
  • Handle: RePEc:eee:jeborg:v:29:y:1996:i:2:p:355-358
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    1. Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
    2. Luce, R. Duncan, 1991. "Rank- and sign-dependent linear utility models for binary gambles," Journal of Economic Theory, Elsevier, vol. 53(1), pages 75-100, February.
    3. Quiggin, John, 1982. "A theory of anticipated utility," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 323-343, December.
    4. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    5. Li, Shu, 1995. "Is there a decision weight [pi]?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(3), pages 453-463, August.
    6. Einhorn, Hillel J & Hogarth, Robin M, 1986. "Decision Making under Ambiguity," The Journal of Business, University of Chicago Press, vol. 59(4), pages 225-250, October.
    7. Luce, R Duncan & Fishburn, Peter C, 1991. "Rank- and Sign-Dependent Linear Utility Models for Finite First-Order Gambles," Journal of Risk and Uncertainty, Springer, vol. 4(1), pages 29-59, January.
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    Cited by:

    1. Li, Shu & Zheng, Rui & Li, Li-Bo, 2007. "Do shared features of offered alternatives have an effect in consumer choice?," Journal of Economic Psychology, Elsevier, vol. 28(6), pages 658-677, December.

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