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Pietro Ortoleva

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva, 2018. "An Explicit Representation for Disappointment Aversion and Other Betweenness Preferences," Working Papers 631, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

    Cited by:

    1. Sendhil Mullainathan & Ashesh Rambachan, 2024. "From Predictive Algorithms to Automatic Generation of Anomalies," Papers 2404.10111, arXiv.org.
    2. Meng, Jingyi & Webb, Craig S. & Zank, Horst, 2024. "Mixture independence foundations for expected utility," Journal of Mathematical Economics, Elsevier, vol. 111(C).
    3. Safra, Zvi & Segal, Uzi, 2024. "Large compound lotteries," Journal of Mathematical Economics, Elsevier, vol. 113(C).
    4. Evren, Özgür, 2019. "Recursive non-expected utility: Connecting ambiguity attitudes to risk preferences and the level of ambiguity," Games and Economic Behavior, Elsevier, vol. 114(C), pages 285-307.
    5. Uri Gneezy & Yoram Halevy & Brian Hall & Theo Offerman & Jeroen van de Ven, 2024. "How Real is Hypothetical? A High-Stakes Test of the Allais Paradox," Working Papers tecipa-783, University of Toronto, Department of Economics.
    6. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2024. "Monotone Additive Statistics," Econometrica, Econometric Society, vol. 92(4), pages 995-1031, July.
    7. Alex Gershkov & Benny Moldovanu & Philipp Strack & Mengxi Zhang, 2023. "Optimal Insurance: Dual Utility, Random Losses, and Adverse Selection," American Economic Review, American Economic Association, vol. 113(10), pages 2581-2614, October.
    8. Alex Gershkov & Benny Moldovanu & Philipp Strack & Mengxi Zhang, 2023. "Optimal Insurance: Dual Utility, Random Losses and Adverse Selection," ECONtribute Discussion Papers Series 242, University of Bonn and University of Cologne, Germany.
    9. Fernando Payró Chew, 2022. "Mixture-Dependent Preference for Commitment," Working Papers 1365, Barcelona School of Economics.

  2. David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2018. "Stochastic Impatience and the Separation of Time and Risk Preferences," PIER Working Paper Archive 18-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 08 Sep 2018.

    Cited by:

    1. Lorenzo Maria Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Papers 2304.04599, arXiv.org, revised Dec 2024.
    2. Pashchenko, Svetlana & Porapakkarm, Ponpoje, 2021. "Value of Life and Annuity Demand," MPRA Paper 107378, University Library of Munich, Germany.
    3. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries and Stochastic Impatience," PIER Working Paper Archive 18-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Jun 2018.
    4. Stanca Lorenzo, 2023. "Recursive preferences, correlation aversion, and the temporal resolution of uncertainty," Working papers 080, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    5. Minghao Pan, 2022. "Risk and Intertemporal Preferences over Time Lotteries," Papers 2209.01790, arXiv.org.
    6. Al-Najjar, Nabil I. & Pomatto, Luciano, 2020. "Aggregate risk and the Pareto principle," Journal of Economic Theory, Elsevier, vol. 189(C).
    7. Lorenzo Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Carlo Alberto Notebooks 693 JEL Classification: C, Collegio Carlo Alberto.
    8. Mu Zhang, 2021. "A Theory of Choice Bracketing under Risk," Papers 2102.07286, arXiv.org, revised Aug 2021.

  3. Jonathan Chapman & Mark Dean & Pietro Ortoleva & Erik Snowberg & Colin Camerer, 2018. "Econographics," CESifo Working Paper Series 7202, CESifo.
    • Jonathan Chapman & Mark Dean & Pietro Ortoleva & Erik Snowberg & Colin Camerer, 2020. "Econographics," Working Papers 2020-75, Princeton University. Economics Department..
    • Jonathan Chapman & Mark Dean & Pietro Ortoleva & Erik Snowberg & Colin Camerer, 2018. "Econographics," NBER Working Papers 24931, National Bureau of Economic Research, Inc.

    Cited by:

    1. Halevy, Yoram & Ozdenoren, Emre, 2008. "Uncertainty and Compound Lotteries: Calibration," Microeconomics.ca working papers yoram_halevy-2008-7, Vancouver School of Economics, revised 17 Jun 2008.
    2. Christopher P. Chambers & Federico Echenique & Nicolas Lambert, 2019. "Recovering Preferences from Finite Data," Papers 1909.05457, arXiv.org, revised Oct 2020.
    3. Nobuyuki Hanaki & Keigo Inukai & Takehito Masuda & Yuta Shimodaira, 2021. "Participants’ Characteristics at ISER-Lab in 2020," ISER Discussion Paper 1141, Institute of Social and Economic Research, Osaka University.
    4. Tomáš Jagelka, 2024. "Are Economists’ Preferences Psychologists’ Personality Traits? A Structural Approach," Journal of Political Economy, University of Chicago Press, vol. 132(3), pages 910-970.
    5. Basu, Pathikrit & Echenique, Federico, 2020. "On the falsifiability and learnability of decision theories," Theoretical Economics, Econometric Society, vol. 15(4), November.

  4. Jonathan Chapman & Pietro Ortoleva & Erik Snowberg & Colin Camerer & Mark Dean, 2017. "Willingness-To-Pay and Willingness-To-Accept are Probably Less Correlated than You Think," CESifo Working Paper Series 6492, CESifo.

    Cited by:

    1. Jonathan Chapman & Mark Dean & Pietro Ortoleva & Erik Snowberg & Colin Camerer, 2023. "Econographics," Journal of Political Economy Microeconomics, University of Chicago Press, vol. 1(1), pages 115-161.
    2. Smith, Alec, 2019. "Lagged beliefs and reference-dependent utility," Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 331-340.
    3. Otto, Philipp E. & Schmidt, Lennard, 2021. "Reservation price uncertainty: Loss, virtue, or emotional heterogeneity?," Journal of Economic Psychology, Elsevier, vol. 87(C).
    4. Jonathan Chapman & Erik Snowberg & Stephanie Wang & Colin Camerer, 2018. "Loss Attitudes in the U.S. Population: Evidence from Dynamically Optimized Sequential Experimentation (DOSE)," CESifo Working Paper Series 7262, CESifo.
    5. Flynn, James, 2022. "Salary disclosure and individual effort: Evidence from the National Hockey League," Journal of Economic Behavior & Organization, Elsevier, vol. 202(C), pages 471-497.
    6. Brown, Jeffrey R. & Kapteyn, Arie & Luttmer, Erzo F.P. & Mitchell, Olivia S. & Samek, Anya, 2019. "Behavioral Impediments to Valuing Annuities: Complexity and Choice Bracketing," IZA Discussion Papers 12263, Institute of Labor Economics (IZA).
    7. Jonathan Chapman & Mark Dean & Pietro Ortoleva & Erik Snowberg & Colin Camerer, 2021. "On the Relation between Willingness to Accept and Willingness to Pay," Working Papers 2021-90, Princeton University. Economics Department..
    8. Christopher P. Chambers & Federico Echenique & Nicolas S. Lambert, 2023. "Recovering utility," Papers 2301.11492, arXiv.org.
    9. Christina McGranaghan & Steven G. Otto, 2022. "Choice uncertainty and the endowment effect," Journal of Risk and Uncertainty, Springer, vol. 65(1), pages 83-104, August.
    10. Guney, Begum & Richter, Michael & Tsur, Matan, 2018. "Aspiration-based choice," Journal of Economic Theory, Elsevier, vol. 176(C), pages 935-956.
    11. Johannes G. Jaspersen & Marc A. Ragin & Justin R. Sydnor, 2019. "Predicting Insurance Demand from Risk Attitudes," NBER Working Papers 26508, National Bureau of Economic Research, Inc.
    12. Basu, Pathikrit & Echenique, Federico, 2020. "On the falsifiability and learnability of decision theories," Theoretical Economics, Econometric Society, vol. 15(4), November.

  5. Codagnone, Cristiano & Veltri, Giuseppe Alessandro & Bogliacino, Francesco & Lupiáñez-Villanueva, Francisco & Gaskell, George & Ivchenko, Andriy & Ortoleva, Pietro & Mureddu, Francesco, 2016. "Labels as nudges? An experimental study of car eco-labels," LSE Research Online Documents on Economics 68683, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Galarraga, Ibon & Kallbekken, Steffen & Silvestri, Alessandro, 2020. "Consumer purchases of energy-efficient cars: How different labelling schemes could affect consumer response to price changes," Energy Policy, Elsevier, vol. 137(C).
    2. Charu Grover & Sangeeta Bansal & Adan L. Martinez-Cruz, "undated". "Influence of Social Network Effect and Incentive on Choice of Star Labeled Cars in India: A Latent Class Approach based on Choice Experiment," Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers 18-05, Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India.
    3. S. Ceolotto & E. Denny, 2024. "Putting a New ‘Spin’ on Energy Information: Measuring the Impact of Reframing Energy Efficiency Information on Tumble Dryer Choices in a Multi-country Experiment," Journal of Consumer Policy, Springer, vol. 47(1), pages 51-108, March.
    4. Haq, Gary & Weiss, Martin, 2016. "CO2 labelling of passenger cars in Europe: Status, challenges, and future prospects," Energy Policy, Elsevier, vol. 95(C), pages 324-335.
    5. He, Shutong & Blasch, Julia & Robinson, Peter John & van Beukering, Pieter, 2024. "Social comparison feedback in decision-making context: Environmental externality levels and psychological traits matter," Ecological Economics, Elsevier, vol. 216(C).
    6. Takuro Uehara & Ryo Sakurai, 2021. "Have Sustainable Development Goal Depictions Functioned as a Nudge for the Younger Generation before and during the COVID-19 Outbreak?," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
    7. He, Shutong & Blasch, Julia & van Beukering, Pieter, 2022. "How does information on environmental emissions influence appliance choice? The role of values and perceived environmental impacts," Energy Policy, Elsevier, vol. 168(C).
    8. Aydin, Erdal & Correa, Santiago Bohórquez & Brounen, Dirk, 2019. "Energy performance certification and time on the market," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    9. He, Shutong & Blasch, Julia & van Beukering, Pieter & Wang, Junfeng, 2022. "Energy labels and heuristic decision-making: The role of cognition and energy literacy," Energy Economics, Elsevier, vol. 114(C).
    10. E. Denny, 2022. "Long-term Energy Cost Labelling for Appliances: Evidence from a Randomised Controlled Trial in Ireland," Journal of Consumer Policy, Springer, vol. 45(3), pages 369-409, September.
    11. Y. Gómez & V. Martínez-Molés & J. Vila, 2016. "Spanish regulation for labeling of financial products: a behavioral-experimental analysis," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(3), pages 355-378, December.
    12. Murtaza Haider & Randall Shannon & George P. Moschis, 2022. "Sustainable Consumption Research and the Role of Marketing: A Review of the Literature (1976–2021)," Sustainability, MDPI, vol. 14(7), pages 1-36, March.
    13. Bogliacino, Francesco & Charris, Rafael & Codagnone, Cristiano & Folkvord, Frans & Gaskell, George & Gómez, Camilo & Liva, Giovanni & Montealegre, Felipe, 2023. "Less is more: Information overload in the labelling of fish and aquaculture products," Food Policy, Elsevier, vol. 116(C).

  6. Bogliacino, Francesco & Codagnone, Cristiano & Veltri, Giuseppe Alessandro & Chakravarti, Amitav & Ortoleva, Pietro & Gaskell, George & Ivchenko, Andriy & Lupiáñez-Villanueva, Francisco & Mureddu, Fra, 2015. "Pathos & ethos: emotions and willingness to pay for tobacco products," LSE Research Online Documents on Economics 64127, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Francesco Bogliacino & Cristiano Codagnone & Giuseppe Alessandro Veltri & Francisco Lupiáñez-Villanueva & George Gaskell & Andriy Ivchenko, 2016. "Labels as Nudges? An Experimental Study of Car Eco-labels," Documentos de Trabajo, Escuela de Economía 14330, Universidad Nacional de Colombia, FCE, CID.
    2. Bogliacino, Francesco & Codagnone, Cristiano, 2017. "Microfoundations, Behaviour, and Evolution: Evidence from Experiments," MPRA Paper 82479, University Library of Munich, Germany.
    3. Francesco Bogliacino & Cristiano Codagnone & Giuseppe A. Veltri, 2016. "An introduction to the special issue on “the behavioural turn in public policy: new evidence from experiments”," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(3), pages 323-332, December.
    4. Frans Folkvord & Cristiano Codagnone & Francesco Bogliacino & Giuseppe Veltri & Francisco Lupiañez-Villanueva & Andriy Ivchenko & George Gaskell, 2019. "Experimental evidence on measures to protect consumers of online gambling services," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 3(1), pages 20-29, March.
    5. Sigurdsson, Valdimar & Folwarczny, Michał & Larsen, Nils Magne & Menon, R.G. Vishnu & Sigurdardottir, Freyja Thoroddsen & Perkovic, Sonja, 2024. "Utilizing consumer-based label equity to signal consumer products free from endocrine-disrupting chemicals," Journal of Retailing and Consumer Services, Elsevier, vol. 76(C).
    6. Y. Gómez & V. Martínez-Molés & J. Vila, 2016. "Spanish regulation for labeling of financial products: a behavioral-experimental analysis," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(3), pages 355-378, December.
    7. Bogliacino, Francesco & Charris, Rafael & Codagnone, Cristiano & Folkvord, Frans & Gaskell, George & Gómez, Camilo & Liva, Giovanni & Montealegre, Felipe, 2023. "Less is more: Information overload in the labelling of fish and aquaculture products," Food Policy, Elsevier, vol. 116(C).
    8. Rodríguez-Lesmes, Paul & Góngora-Salazar, Pamela & Mentzakis, Emmanouil & Buckley, Neil & Gallego, Juan Miguel & Guindon, G. Emmanuel & Martínez, Juan Pablo & Paraje, Guillermo, 2024. "Would plain packaging and health warning labels reduce smoking in the presence of informal markets? A choice experiment in Colombia," Social Science & Medicine, Elsevier, vol. 354(C).

  7. Francesco Bogliacino & Pietro Ortoleva, 2015. "The Behavior of Other as a Reference Point," Documentos de Trabajo, Escuela de Economía 13611, Universidad Nacional de Colombia, FCE, CID.

    Cited by:

    1. Martini, Christina & Ibañez Diaz, Marcela & Khadjavi, Menusch, 2021. "Community Aspirations and Collective Action," GlobalFood Discussion Papers 309651, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
    2. Bramoullé, Y. & Ghiglino, C., 2024. "Status Consumption in Networks: A Reference Dependent Approach," Cambridge Working Papers in Economics 2414, Faculty of Economics, University of Cambridge.
    3. Bogliacino, Francesco & Codagnone, Cristiano, 2017. "Microfoundations, Behaviour, and Evolution: Evidence from Experiments," MPRA Paper 82479, University Library of Munich, Germany.
    4. Paula Carrasco & Rodrigo Ceni & Ivone Perazzo & Gonzalo Salas, 2021. "Are Not Any Silver Linings in the Cloud? Subjective Well-being Among Deprived Young People," Journal of Happiness Studies, Springer, vol. 22(2), pages 491-516, February.
    5. Ross, Phillip H., 2019. "Occupation aspirations, education investment, and cognitive outcomes: Evidence from Indian adolescents," World Development, Elsevier, vol. 123(C), pages 1-1.
    6. Antonio Filippin & Luca Nunziata, 2019. "Monetary effects of inequality: lessons from the euro experiment," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 17(2), pages 99-124, June.
    7. Francesco Bogliacino & Laura Jiménez & Gianluca Grimalda, 2015. "Consultative, Democracy and Trust," Documentos de Trabajo, Escuela de Economía 12696, Universidad Nacional de Colombia, FCE, CID.
    8. Camacho, Carmen & Harmankaya, Fatih & Sağlam, Çağrı, 2020. "Social status pursuit, distribution of bequests and inequality," Economic Modelling, Elsevier, vol. 86(C), pages 183-191.
    9. Paula Carrasco & Rodrigo Ceni & Ivonne Perazzo & Gonzalo Salas, 2019. "Are not any silver in the cloud? Subjective well-being among deprived young people," Documentos de Trabajo (working papers) 19-09, Instituto de Economía - IECON.
    10. González-Jiménez, Víctor, 2022. "Social status and motivated beliefs," Journal of Public Economics, Elsevier, vol. 211(C).
    11. Bogliacino, Francesco & Jiménez Lozano, Laura & Grimalda, Gianluca, 2018. "Consultative democracy and trust11We thank Vanessa Carrillo, Jairo Paéz and Daniel Reyes for their help during the experiments. A special thanks to Franci Beltrán, Jairo Paéz and Alfonso Peña for prov," Structural Change and Economic Dynamics, Elsevier, vol. 44(C), pages 55-67.
    12. Bogliacino, Francesco & Grimalda, Gianluca & Jimenez, Laura, 2017. "Consultative Democracy & Trust," MPRA Paper 82138, University Library of Munich, Germany.
    13. Fatas, Enrique & Restrepo-Plaza, Lina, 2022. "When losses can be a gain. A large lab-in-the-field experiment on reference dependent forgiveness in Colombia," Journal of Economic Psychology, Elsevier, vol. 88(C).

  8. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries, Second Version," PIER Working Paper Archive 15-026v2, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 12 Jan 2018.

    Cited by:

    1. Salvador Cruz Rambaud & Ana María Sánchez Pérez, 2020. "Discounted and Expected Utility from the Probability and Time Trade-Off Model," Mathematics, MDPI, vol. 8(4), pages 1-17, April.

  9. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries and Stochastic Impatience," PIER Working Paper Archive 18-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Jun 2018.

    Cited by:

    1. Lorenzo Maria Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Papers 2304.04599, arXiv.org, revised Dec 2024.
    2. Luca De Gennaro Aquino & Sascha Desmettre & Yevhen Havrylenko & Mogens Steffensen, 2024. "Equilibrium control theory for Kihlstrom-Mirman preferences in continuous time," Papers 2407.16525, arXiv.org, revised Oct 2024.
    3. Erin Cottle Hunt & Frank N. Caliendo, 2024. "Dynamic Optimization with Timing Risk," Mathematics, MDPI, vol. 12(17), pages 1-18, August.
    4. Kemel, Emmanuel & Paraschiv, Corina, 2023. "Risking the future? Measuring risk attitudes towards delayed consequences," Journal of Economic Behavior & Organization, Elsevier, vol. 208(C), pages 325-344.
    5. Stanca Lorenzo, 2023. "Recursive preferences, correlation aversion, and the temporal resolution of uncertainty," Working papers 080, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    6. Emmanuel Kemel & Corina Paraschiv, 2023. "Risking the future? Measuring risk attitudes towards delayed consequences," Post-Print hal-04385738, HAL.
    7. Alexis Direr, 2023. "Portfolio Choice With Time Horizon Risk," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 26(06n07), pages 1-19, November.
    8. David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2017. "Stochastic Impatience and the Separation of Time and Risk Preferences," PIER Working Paper Archive 20-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Jul 2020.
    9. Pietro Ortoleva & Evgenii Safonov & Leeat Yariv, 2021. "Who Cares More? Allocation with Diverse Preference Intensities," Working Papers 2021-10, Princeton University. Economics Department..
    10. Paolo Ghirardato & Daniele Pennesi, 2023. "Randomizing without randomness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1009-1037, May.
    11. Cédric Gutierrez & Emmanuel Kemel, 2024. "Measuring natural source dependence," Experimental Economics, Springer;Economic Science Association, vol. 27(2), pages 379-416, April.
    12. Arthur E. Attema & Zhihua Li, 2024. "Reference-dependent discounting," Journal of Risk and Uncertainty, Springer, vol. 69(1), pages 57-83, August.
    13. Ulrich Schmidt & Horst Zank, 2022. "Chance theory: A separation of riskless and risky utility," Journal of Risk and Uncertainty, Springer, vol. 65(1), pages 1-32, August.
    14. Chambers, Christopher P & Echenique, Federico & Miller, Alan D, 2023. "Decreasing Impatience," Department of Economics, Working Paper Series qt2mk6969c, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    15. Pavlo Blavatskyy, 2020. "Expected discounted utility," Theory and Decision, Springer, vol. 88(2), pages 297-313, March.
    16. Gottlieb, Daniel & Zhang, Xingtan, 2021. "Long-term contracting with time-inconsistent agents," LSE Research Online Documents on Economics 106622, London School of Economics and Political Science, LSE Library.
    17. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2024. "Monotone Additive Statistics," Econometrica, Econometric Society, vol. 92(4), pages 995-1031, July.
    18. de Castro, Luciano I. & Galvao, Antonio F. & Nunes, Daniel da Siva, 0. "Dynamic economics with quantile preferences," Theoretical Economics, Econometric Society.
    19. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2021. "Monotone additive statistics," Papers 2102.00618, arXiv.org, revised Apr 2024.
    20. Mark Whitmeyer & Cole Williams, 2024. "Comparisons of Sequential Experiments for Additively Separable Problems," Papers 2405.13709, arXiv.org.
    21. Jose Apesteguia & Miguel Ángel Ballester & Angelo Gutierrez, 2019. "Random Models for the Joint Treatment of Risk and Time Preferences," Working Papers 1117, Barcelona School of Economics.
    22. Thomas J. Sargent & John Stachurski, 2024. "Dynamic Programming: Finite States," Papers 2401.10473, arXiv.org.
    23. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2021. "Monotone Additive Statistics," Working Papers 2021-36, Princeton University. Economics Department..
    24. Craig S. Webb, 2023. "Dynamic Preference Foundations of Expected Exponentially-Discounted Utility," Economics Discussion Paper Series 2303, Economics, The University of Manchester.
    25. Lorenzo Stanca, 2023. "Recursive Preferences, Correlation Aversion, and the Temporal Resolution of Uncertainty," Carlo Alberto Notebooks 693 JEL Classification: C, Collegio Carlo Alberto.
    26. Mu Zhang, 2021. "A Theory of Choice Bracketing under Risk," Papers 2102.07286, arXiv.org, revised Aug 2021.
    27. De Donno, Marzia & Menegatti, Mario, 2024. "Preferences on discounting under time risk," Journal of Mathematical Economics, Elsevier, vol. 113(C).

  10. Simone Cerreia-Vioglio & David Dillenberger & Pietro ortoleva, 2013. "Cautious Expected Utility and the Certainty Effect," Working Papers 488, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

    Cited by:

    1. Halevy, Yoram & Ozdenoren, Emre, 2008. "Uncertainty and Compound Lotteries: Calibration," Microeconomics.ca working papers yoram_halevy-2008-7, Vancouver School of Economics, revised 17 Jun 2008.
    2. Aurélien Baillon & Yoram Halevy & Chen Li, 2022. "Experimental elicitation of ambiguity attitude using the random incentive system," Experimental Economics, Springer;Economic Science Association, vol. 25(3), pages 1002-1023, June.
    3. David Dillenberger & Uzi Segal, 2013. "Skewed Noise," PIER Working Paper Archive 13-066, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    4. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva, 2018. "An Explicit Representation for Disappointment Aversion and Other Betweenness Preferences," Working Papers 631, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    5. Marianne Andries & Valentin Haddad, 2017. "Information Aversion," NBER Working Papers 23958, National Bureau of Economic Research, Inc.
    6. Jean Baccelli, 2018. "Risk attitudes in axiomatic decision theory: a conceptual perspective," Theory and Decision, Springer, vol. 84(1), pages 61-82, January.
    7. Gregorio Curello & Ludvig Sinander, 2024. "The Preference Lattice," CRC TR 224 Discussion Paper Series crctr224_2024_563, University of Bonn and University of Mannheim, Germany.
    8. Qiu, Jianying & Ong, Qiyan, 2017. "Indifference or indecisiveness: a strict discrimination," MPRA Paper 81440, University Library of Munich, Germany, revised 18 Sep 2017.
    9. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries and Stochastic Impatience," PIER Working Paper Archive 18-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Jun 2018.
    10. Daniel Navarro-Martinez & Graham Loomes & Andrea Isoni & David Butler & Larbi Alaoui, 2018. "Boundedly rational expected utility theory," Journal of Risk and Uncertainty, Springer, vol. 57(3), pages 199-223, December.
    11. Gil Riella, 2015. "On the representation of incomplete preferences under uncertainty with indecisiveness in tastes and beliefs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(3), pages 571-600, April.
    12. Adriani, Fabrizio & Sonderegger, Silvia, 2020. "Optimal similarity judgments in intertemporal choice (and beyond)," Journal of Economic Theory, Elsevier, vol. 190(C).
    13. Brian Jabarian, 2020. "The Moral Burden of Ambiguity Aversion," Papers 2004.08892, arXiv.org, revised Apr 2020.
    14. Robert G. Chambers & Tigran Melkonyan & John Quiggin, 2022. "Incomplete preferences, willingness to pay, and willingness to accept," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 727-761, October.
    15. David J. Freeman & Guy Mayraz, 2019. "Why choice lists increase risk taking," Experimental Economics, Springer;Economic Science Association, vol. 22(1), pages 131-154, March.
    16. Guo, Liang, 2021. "Contextual deliberation and the choice-valuation preference reversal," Journal of Economic Theory, Elsevier, vol. 195(C).
    17. Markus Dertwinkel-Kalt & Jonas Frey, 2020. "Optimal Stopping in a Dynamic Salience Model," CESifo Working Paper Series 8496, CESifo.
    18. David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2017. "Stochastic Impatience and the Separation of Time and Risk Preferences," PIER Working Paper Archive 20-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Jul 2020.
    19. Christopher P. Chambers & Federico Echenique, 2020. "The Pareto Comparisons of a Group of Exponential Discounters," Mathematics of Operations Research, INFORMS, vol. 45(2), pages 622-640, May.
    20. Schmidt, Ulrich & Zank, Horst, 2013. "Chance theory: A separation of riskless and risky utility," Kiel Working Papers 1874, Kiel Institute for the World Economy (IfW Kiel).
    21. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2019. "Deliberately Stochastic," American Economic Review, American Economic Association, vol. 109(7), pages 2425-2445, July.
      • Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2012. "Deliberately Stochastic," PIER Working Paper Archive 17-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 May 2017.
    22. Pejsachowicz, Leonardo & Toussaert, Séverine, 2017. "Choice deferral, indecisiveness and preference for flexibility," LSE Research Online Documents on Economics 83566, London School of Economics and Political Science, LSE Library.
    23. Sushil Bikhchandani & Uzi Segal, 2018. "Intransitivity in the Small and in the Large," Boston College Working Papers in Economics 964, Boston College Department of Economics, revised 29 Apr 2021.
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    37. Epper, Thomas & Fehr-Duda, Helga, 2017. "A Tale of Two Tails: On the Coexistence of Overweighting and Underweighting of Rare Extreme Events," Economics Working Paper Series 1705, University of St. Gallen, School of Economics and Political Science.
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    1. Alabrese , Eleonora & Fetzer, Thiemo, 2024. "Opinion Polls, Turnout and the Demand for Safe Seats," The Warwick Economics Research Paper Series (TWERPS) 1494, University of Warwick, Department of Economics.
    2. Maxime Menuet & Petros Sekeris, 2021. "Overconfidence and conflict," Post-Print hal-03532938, HAL.
    3. Degan, Arianna & Li, Ming, 2015. "Psychologically-based voting with uncertainty," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 242-259.
    4. André de Palma & Gordon M. Myers & Yorgos Y. Papageorgiou, 2023. "Imperfect public choice," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(4), pages 1413-1429, November.
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    6. Pannenberg, Markus & Friehe, Tim, 2019. "Does it really get better with age? Life-cycle patterns of confidence in Germany," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203497, Verein für Socialpolitik / German Economic Association.
    7. Frick, Mira & , & Ishii, Yuhta, 2021. "Dispersed Behavior and Perceptions in Assortative Societies," CEPR Discussion Papers 16789, C.E.P.R. Discussion Papers.
    8. Attanasi, Giuseppe Marco & Corazzini, Luca & Passarelli, Francesco, 2010. "Voting as a Lottery," TSE Working Papers 09-116, Toulouse School of Economics (TSE), revised Nov 2010.
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    11. Katharina Werner, 2019. "The Role of Information for Public Preferences on Education – Evidence from Representative Survey Experiments," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 82.
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    92. Hunt Allcott & Levi Boxell & Jacob C. Conway & Matthew Gentzkow & Michael Thaler & David Y. Yang, 2020. "Polarization and Public Health: Partisan Differences in Social Distancing during the Coronavirus Pandemic," NBER Working Papers 26946, National Bureau of Economic Research, Inc.
    93. Grewenig, Elisabeth & Lergetporer, Philipp & Werner, Katharina & Woessmann, Ludger, 2020. "Do party positions affect the public's policy preferences? Experimental evidence on support for family policies," Munich Reprints in Economics 84746, University of Munich, Department of Economics.
    94. Meyer, Jacob & Rentschler, Lucas, 2023. "Abstention and informedness in nonpartisan elections," Games and Economic Behavior, Elsevier, vol. 142(C), pages 381-410.
    95. Aytimur, R. Emre & Suen, Richard M. H., 2024. "Information Quality, Disagreement and Political Polarisation," MPRA Paper 121112, University Library of Munich, Germany.
    96. Pedro Gonzalez-Fernandez, 2024. "Belief Bias Identification," Papers 2404.09297, arXiv.org, revised Nov 2024.
    97. De Moragas, Antoni-Italo, 2020. "When consensus hurts: experts' advice and electoral support," MPRA Paper 114800, University Library of Munich, Germany.
    98. Carlos Viana de Carvalho & Eduardo Zilberman & Ruy Ribeiro, "undated". "Sentiment, Electoral Uncertainty and Stock Returns," Textos para discussão 655, Department of Economics PUC-Rio (Brazil).
    99. Thomas Jensen & Andreas Madum, 2017. "Partisan optimism and political bargaining," Journal of Theoretical Politics, , vol. 29(2), pages 191-213, April.
    100. Klümper, Andreas & Kräkel, Matthias, 2020. "Correlation neglect, incentives, and welfare," Economics Letters, Elsevier, vol. 192(C).
    101. Christian Salas, 2022. "Representation increases participation: evidence from a reform in Chile," Public Choice, Springer, vol. 191(1), pages 21-30, April.
    102. Prummer, Anja, 2020. "Micro-targeting and polarization," Journal of Public Economics, Elsevier, vol. 188(C).
    103. Sardoschau, Sulin & Casanueva, Annalí, 2024. "Public Signal and Private Action: Right-wing Protest and Hate Crimes against Refugees," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302408, Verein für Socialpolitik / German Economic Association.
    104. Prato, Carlo & Wolton, Stephane, 2013. "Rational Ignorance, Elections, and Reform," MPRA Paper 68638, University Library of Munich, Germany, revised 10 Dec 2015.
    105. Golman, Russell, 2023. "Acceptable discourse: Social norms of beliefs and opinions," European Economic Review, Elsevier, vol. 160(C).
    106. Mariam Raheem & Ain ul Momina, 2021. "Do Underlying Risk Preferences explain Individuals’ Cognitive Ability? Evidence from a Sample of Pakistani Students," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 26(1), pages 85-122, Jan-June.
    107. Stone, Daniel F., 2019. "“Unmotivated bias” and partisan hostility: Empirical evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 79(C), pages 12-26.

  12. Mark Dean & Pietro Ortoleva, 2012. "Allais, Ellsberg, and Preferences for Hedging," Working Papers 2012-2, Brown University, Department of Economics.

    Cited by:

    1. Simone Cerreia-Vioglio & David Dillenberger & Pietro ortoleva, 2013. "Cautious Expected Utility and the Certainty Effect," Working Papers 488, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    2. Jean Baccelli, 2018. "Risk attitudes in axiomatic decision theory: a conceptual perspective," Theory and Decision, Springer, vol. 84(1), pages 61-82, January.
    3. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries and Stochastic Impatience," PIER Working Paper Archive 18-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Jun 2018.
    4. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    5. Aurélien Baillon & Olivier L’Haridon, 2021. "Discrete Arrow–Pratt indexes for risk and uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(4), pages 1375-1393, November.
    6. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Third Version," PIER Working Paper Archive 13-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 26 Dec 2012.
    7. David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2017. "Stochastic Impatience and the Separation of Time and Risk Preferences," PIER Working Paper Archive 20-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Jul 2020.
    8. Grant, Simon & Rich, Patricia & Stecher, Jack, 2022. "Bayes and Hurwicz without Bernoulli," Journal of Economic Theory, Elsevier, vol. 199(C).
    9. Mohammed Abdellaoui & Horst Zank, 2023. "Source and rank-dependent utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 949-981, May.
    10. Wakker, Peter P. & Yang, Jingni, 2019. "A powerful tool for analyzing concave/convex utility and weighting functions," Journal of Economic Theory, Elsevier, vol. 181(C), pages 143-159.
    11. Valenzuela-Stookey, Quitzé, 2023. "Subjective complexity under uncertainty," Mathematical Social Sciences, Elsevier, vol. 126(C), pages 76-93.
    12. Evren, Özgür, 2019. "Recursive non-expected utility: Connecting ambiguity attitudes to risk preferences and the level of ambiguity," Games and Economic Behavior, Elsevier, vol. 114(C), pages 285-307.
    13. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2013. "Optimism and Pessimism with Expected Utility, Fifth Version," PIER Working Paper Archive 15-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Feb 2015.
    14. Larry G Epstein & Yoram Halevy, 2024. "Hard-to-Interpret Signals," Journal of the European Economic Association, European Economic Association, vol. 22(1), pages 393-427.
    15. Antoine Bommier, 2014. "A Dual Approach to Ambiguity Aversion," CER-ETH Economics working paper series 14/207, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    16. Sadowski, Philipp & Sarver, Todd, 2024. "Adaptive preferences: An evolutionary model of non-expected utility and ambiguity aversion," Journal of Economic Theory, Elsevier, vol. 218(C).
    17. Aurélien Baillon & Zhenxing Huang & Asli Selim & Peter P. Wakker, 2018. "Measuring Ambiguity Attitudes for All (Natural) Events," Econometrica, Econometric Society, vol. 86(5), pages 1839-1858, September.
    18. Matthew Kovach, 2021. "Ambiguity and Partial Bayesian Updating," Papers 2102.11429, arXiv.org, revised Mar 2023.
    19. MacLeod, W Bentley, 2016. "Human capital: Linking behavior to rational choice via dual process theory," Labour Economics, Elsevier, vol. 41(C), pages 20-31.
    20. Dillenberger, David & Gottlieb, Daniel & Ortoleva, Pietro, 0. "Stochastic impatience and the separation of time and risk preferences," Theoretical Economics, Econometric Society.
    21. Fan Wang, 2022. "Rank-Dependent Utility Under Multiple Priors," Management Science, INFORMS, vol. 68(11), pages 8166-8183, November.
    22. Ola Mahmoud, 2022. "The Willingness to Pay for Diversification," Management Science, INFORMS, vol. 68(8), pages 6235-6249, August.
    23. Wakker, Peter P., 2023. "A criticism of Bernheim & Sprenger's (2020) tests of rank dependence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 107(C).
    24. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries, Second Version," PIER Working Paper Archive 15-026v2, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 12 Jan 2018.
    25. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Fourth Version," PIER Working Paper Archive 13-068, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Nov 2013.
    26. Jean Baccelli, 2018. "Risk Attitudes in Axiomatic Decision Theory: a Conceptual Perspective," Post-Print hal-01620886, HAL.
    27. Mohammed Abdellaoui & Horst Zank, 2022. "Source and Rank-dependent Utility," Post-Print hal-03924295, HAL.
    28. Stefan Trautmann & Peter P. Wakker, 2018. "Making the Anscombe-Aumann approach to ambiguity suitable for descriptive applications," Journal of Risk and Uncertainty, Springer, vol. 56(1), pages 83-116, February.
    29. Paolo Ghirardato & Daniele Pennesi, 2018. "A general theory of subjective mixtures," Carlo Alberto Notebooks 573, Collegio Carlo Alberto, revised 2020.
    30. Abdellaoui, Mohammed & Wakker, Peter P., 2020. "Savage for dummies and experts," Journal of Economic Theory, Elsevier, vol. 186(C).

  13. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2012. "Deliberately Stochastic," PIER Working Paper Archive 17-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 May 2017.

    Cited by:

    1. Roy Allen & Pawel Dziewulski & John Rehbeck, 2019. "Revealed Statistical Consumer Theory," University of Western Ontario, Departmental Research Report Series 20195, University of Western Ontario, Department of Economics.
    2. Caliari, Daniele, 2023. "Rationality is not consistency," Discussion Papers, Research Unit: Economics of Change SP II 2023-304, WZB Berlin Social Science Center.
    3. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    4. Wei Ma, 2023. "Random dual expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 293-315, February.
    5. Narayanaswamy Balakrishnan & Efe A. Ok & Pietro Ortoleva, 2021. "Inferential Choice Theory," Working Papers 2021-60, Princeton University. Economics Department..
    6. Guo, Liang, 2021. "Contextual deliberation and the choice-valuation preference reversal," Journal of Economic Theory, Elsevier, vol. 195(C).
    7. Duffy, Sean & Gussman, Steven & Smith, John, 2021. "Visual judgments of length in the economics laboratory: Are there brains in stochastic choice?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 93(C).
    8. Sara Arts & Qiyan Ong & Jianying Qiu, 2024. "Measuring decision confidence," Experimental Economics, Springer;Economic Science Association, vol. 27(3), pages 582-603, July.
    9. Fedor Sandomirskiy & Omer Tamuz, 2023. "Decomposable Stochastic Choice," Papers 2312.04827, arXiv.org, revised May 2024.
    10. Duffy, Sean & Smith, John, 2024. "The random thickness of indifference," MPRA Paper 122165, University Library of Munich, Germany.
    11. John K. -H. Quah & Gerelt Tserenjigmid, 2022. "Price Heterogeneity as a source of Heterogenous Demand," Papers 2201.03784, arXiv.org, revised Jan 2022.
    12. Yosuke Hashidate, 2018. "Preferences for Randomization and Anticipated Utility," CIRJE F-Series CIRJE-F-1083, CIRJE, Faculty of Economics, University of Tokyo.
    13. Arts, Sara & Ong, Qiyan & Qiu, Jianying, 2020. "Measuring subjective decision confidence," MPRA Paper 117907, University Library of Munich, Germany.
    14. Dean, Mark & Ortoleva, Pietro, 2017. "Allais, Ellsberg, and preferences for hedging," Theoretical Economics, Econometric Society, vol. 12(1), January.
    15. Arts, Sara & Ong, Qiyan & Qiu, Jianying, 2020. "Measuring subjective decision confidence," MPRA Paper 106811, University Library of Munich, Germany.
    16. Sean, Duffy & John, Smith, 2023. "Stochastic choice and imperfect judgments of line lengths: What is hiding in the noise?," MPRA Paper 116382, University Library of Munich, Germany.
    17. Qiyan Ong & Jianying Qiu, 2023. "Paying for randomization and indecisiveness," Journal of Risk and Uncertainty, Springer, vol. 67(1), pages 45-72, August.
    18. Liu Shi & Jianying Qiu & Jiangyan Li & Frank Bohn, 2024. "Consciously stochastic in preference reversals," Journal of Risk and Uncertainty, Springer, vol. 68(3), pages 255-297, June.
    19. Carlo Baldassi & Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Marco Pirazzini, 2020. "A Behavioral Characterization of the Drift Diffusion Model and Its Multialternative Extension for Choice Under Time Pressure," Management Science, INFORMS, vol. 66(11), pages 5075-5093, November.
    20. Duffy, Sean & Smith, John, 2020. "An economist and a psychologist form a line: What can imperfect perception of length tell us about stochastic choice?," MPRA Paper 99417, University Library of Munich, Germany.
    21. Nur Ayvaz‐Çavdaroğlu & Mürüvvet Büyükboyacı, 2022. "Analyzing multiple pricing decisions for substitutes under stochastic demand: An experiment," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(5), pages 1351-1361, July.
    22. Wolitzky, Alexander, 2016. "Mechanism design with maxmin agents: theory and an application to bilateral trade," Theoretical Economics, Econometric Society, vol. 11(3), September.
    23. Vicky Henderson & David Hobson & Matthew Zeng, 2023. "Cautious stochastic choice, optimal stopping and deliberate randomization," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 887-922, April.
    24. Heydari, Pedram, 2024. "Regret, responsibility, and randomization: A theory of stochastic choice," Journal of Economic Theory, Elsevier, vol. 217(C).
    25. Chew, Soo Hong & Miao, Bin & Shen, Qiang & Zhong, Songfa, 2022. "Multiple-switching behavior in choice-list elicitation of risk preference," Journal of Economic Theory, Elsevier, vol. 204(C).
    26. Despoina Alempaki & Andrew M Colman & Felix Koelle & Graham Loomes & Briony D Pulford, 2019. "Investigating the failure to best respond in experimental games," Discussion Papers 2019-13, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    27. Zhou, Jing, 2024. "Does correlation matter in probability matching? A laboratory investigation," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 876-894.
    28. Wakker, Peter P. & Yang, Jingni, 2021. "Concave/convex weighting and utility functions for risk: A new light on classical theorems," Insurance: Mathematics and Economics, Elsevier, vol. 100(C), pages 429-435.
    29. Cettolin, Elena & Riedl, Arno, 2019. "Revealed preferences under uncertainty: Incomplete preferences and preferences for randomization," Journal of Economic Theory, Elsevier, vol. 181(C), pages 547-585.
    30. Allen, Roy & Dziewulski, Paweł & Rehbeck, John, 2022. "Making sense of monkey business: Re-examining tests of animal rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 220-228.
    31. Heydari, Pedram, 2021. "Luce arbitrates: Stochastic resolution of inner conflicts," Games and Economic Behavior, Elsevier, vol. 126(C), pages 33-74.
    32. Gerelt Tserenjigmid, 2021. "The Order-Dependent Luce Model," Management Science, INFORMS, vol. 67(11), pages 6915-6933, November.

  14. Kfir Eliaz & Pietro Ortoleva, 2011. "A Variation on Ellsberg," Working Papers 2011-6, Brown University, Department of Economics.

    Cited by:

    1. David Kelsey & Sara Roux, 2015. "An experimental study on the effect of ambiguity in a coordination game," Theory and Decision, Springer, vol. 79(4), pages 667-688, December.
    2. Sameh Habib & Daniel Friedman & Sean Crockett & Duncan James, 2017. "Payoff and presentation modulation of elicited risk preferences in MPLs," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 3(2), pages 183-194, December.
    3. David Kelsey & Sara le Roux, 2018. "Strategic ambiguity and decision-making: an experimental study," Theory and Decision, Springer, vol. 84(3), pages 387-404, May.

  15. Ortoleva, Pietro, 2008. "The Price of Flexibility: Towards a Theory of Thinking Aversion," MPRA Paper 12242, University Library of Munich, Germany.

    Cited by:

    1. Elena Reutskaja & Rosemarie Nagel & Colin F. Camerer & Antonio Rangel, 2011. "Search Dynamics in Consumer Choice under Time Pressure: An Eye-Tracking Study," American Economic Review, American Economic Association, vol. 101(2), pages 900-926, April.
    2. de Oliveira, Henrique & Denti, Tommaso & Mihm, Maximilian & Ozbek, Kemal, 2017. "Rationally inattentive preferences and hidden information costs," Theoretical Economics, Econometric Society, vol. 12(2), May.
    3. Sergei Mikhalishchev, 2020. "Optimal Menu when Agents Make Mistakes," CERGE-EI Working Papers wp670, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    4. Artiga González, Tanja & Calluzzo, Paul & Granic, Georg D., 2023. "Ballot order effects in independent director elections," Journal of Behavioral and Experimental Finance, Elsevier, vol. 39(C).
    5. Deb, Joyee & Zhou, Jidong, 2018. "Reference Dependence and Choice Overload," MPRA Paper 86261, University Library of Munich, Germany.
    6. Gerasimou, Georgios & Papi, Mauro, 2015. "Oligopolistic Competition with Choice-Overloaded Consumers," MPRA Paper 68509, University Library of Munich, Germany.
    7. Kenan Kalaycı & Marta Serra-Garcia, 2016. "Complexity and biases," Experimental Economics, Springer;Economic Science Association, vol. 19(1), pages 31-50, March.
    8. Gorno, Leandro, 2016. "Additive representation for preferences over menus in finite choice settings," Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 41-47.
    9. ,, 2016. "Monotone threshold representations," Theoretical Economics, Econometric Society, vol. 11(3), September.
    10. Ritxar Arlegi & Sacha Bourgeois-Gironde & Mikel Hualde, 2021. "On the aversion to incomplete preferences," Theory and Decision, Springer, vol. 90(2), pages 183-217, March.
    11. Haluk Ergin & Todd Sarver, 2012. "Hidden Actions and Preferences for Timing of Resolution of Uncertainty," Discussion Papers 1567, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    12. Austin Knies & Jorge Lorca & Emerson Melo, 2020. "A Recursive Logit Model with Choice Aversion and Its Application to Transportation Networks," Papers 2010.02398, arXiv.org, revised Oct 2021.
    13. Schotter, Andrew & Eliaz, Kfir, 2009. "Paying for Confidence: An Experimental Study of the Demand for Non-Instrumental Information," CEPR Discussion Papers 7415, C.E.P.R. Discussion Papers.
    14. Riella, Gil, 2013. "Preference for Flexibility and Dynamic Consistency," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2467-2482.
    15. Larbi Alaoui & Antonio Penta, 2018. "Cost-Benefit Analysis in Reasoning," Working Papers 1062, Barcelona School of Economics.
    16. Fabrice Le Lec & Marianne Lumeau & Benoît Tarroux, 2016. "Choice or information overload ?," Economics Working Paper Archive (University of Rennes & University of Caen) 2016-07, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    17. Valenzuela-Stookey, Quitzé, 2023. "Subjective complexity under uncertainty," Mathematical Social Sciences, Elsevier, vol. 126(C), pages 76-93.
    18. Chowdhury, Shyamal & Smits, Joeri & Sun, Qigang, 2020. "Contract structure, time preference, and technology adoption," GLO Discussion Paper Series 633, Global Labor Organization (GLO).
    19. Eric Danan & Ani Guerdjikovaz & Alexander Zimper, 2009. "Indecisiveness aversion and preference for commitment," THEMA Working Papers 2009-04, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    20. Manzini, Paola & Mariotti, Marco, 2014. "Imperfect Attention and Menu Evaluation," SIRE Discussion Papers 2014-012, Scottish Institute for Research in Economics (SIRE).
    21. Yosuke Hashidate, 2018. "Preferences for Randomization and Anticipated Utility," CIRJE F-Series CIRJE-F-1083, CIRJE, Faculty of Economics, University of Tokyo.
    22. David Freeman, 2013. "Revealed Preference Foundations of Expectations-Based Reference-Dependence," Discussion Papers dp13-10, Department of Economics, Simon Fraser University.
    23. Casaburi, Lorenzo & Macchiavello, Rocco, 2018. "Firm and Market Response to Saving Constraints: Evidence from the Kenyan Dairy Industry," CAGE Online Working Paper Series 367, Competitive Advantage in the Global Economy (CAGE).
    24. Jonathan Levav & Mark Heitmann & Andreas Herrmann & Sheena S. Iyengar, 2010. "Order in Product Customization Decisions: Evidence from Field Experiments," Journal of Political Economy, University of Chicago Press, vol. 118(2), pages 274-299, April.
    25. Yuan Gu & Chao Hung Chan, 2024. "Complexity Aversion," Papers 2406.18463, arXiv.org.
    26. Le Yaouanq, Yves, 2015. "Anticipating Preference Reversal"," TSE Working Papers 15-585, Toulouse School of Economics (TSE).
    27. Jeffrey Carpenter & Emiliano Huet-Vaughn & Peter Hans Matthews & Andrea Robbett & Dustin Beckett & Julian Jamison, 2021. "Choice Architecture to Improve Financial Decision Making," The Review of Economics and Statistics, MIT Press, vol. 103(1), pages 102-118, March.
    28. Geng, Sen & Özbay, Erkut Y., 2021. "Shortlisting procedure with a limited capacity," Journal of Mathematical Economics, Elsevier, vol. 94(C).
    29. Pedram Heydari, 2020. "Stochastic choice over menus," Theory and Decision, Springer, vol. 88(2), pages 257-268, March.
    30. Sinclair-Desgagné, Bernard, 2019. "Prior knowledge and monotone decision problems," Economics Letters, Elsevier, vol. 175(C), pages 15-18.
    31. Caliari, Daniele, 2023. "Behavioural welfare analysis and revealed preference: Theory and experimental evidence," Discussion Papers, Research Unit: Economics of Change SP II 2023-303, WZB Berlin Social Science Center.
    32. Onesun Steve Yoo & Rakesh Sarin, 2018. "Consumer Choice and Market Outcomes Under Ambiguity in Product Quality," Marketing Science, INFORMS, vol. 37(3), pages 445-468, May.
    33. Chabakauri, Georgy & Rytchkov, Oleg, 2020. "Asset pricing with index investing," LSE Research Online Documents on Economics 118895, London School of Economics and Political Science, LSE Library.
    34. Yazdanabad, Hadi Pahlevan, 2024. "Justification within and between social contexts with the possibility of choice deferral," Journal of Mathematical Economics, Elsevier, vol. 112(C).
    35. Chabakauri, Georgy & Rytchkov, Oleg, 2021. "Asset pricing with index investing," LSE Research Online Documents on Economics 105749, London School of Economics and Political Science, LSE Library.
    36. Chowdhury, Shyamal & Smits, Joeri & Sun, Qigang, 2020. "Contract Structure, Time Preference, and Technology Adoption," IZA Discussion Papers 13590, Institute of Labor Economics (IZA).
    37. Maltz, Amnon & Rachmilevitch, Shiran, 2021. "A model of menu-dependent evaluations and comparison-aversion," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 91(C).
    38. Quitz'e Valenzuela-Stookey, 2020. "Subjective Complexity Under Uncertainty," Papers 2006.01852, arXiv.org, revised Oct 2022.
    39. Brice Corgnet & Roberto Hernán González, 2023. "On The Appeal Of Complexity," Working Papers 2312, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    40. Arlegi, Ritxar & Bourgeois-Gironde, Sacha & Hualde, Mikel, 2022. "Attitudes toward choice with incomplete preferences: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 663-679.
    41. , & ,, 2011. "Search, choice, and revealed preference," Theoretical Economics, Econometric Society, vol. 6(1), January.
    42. Gerasimou, Georgios & Papi, Mauro, 2018. "Duopolistic competition with choice-overloaded consumers," European Economic Review, Elsevier, vol. 101(C), pages 330-353.
    43. Carrillo, Juan & Camerer, Colin & Brocas, Isabelle & Wang, Stephanie W., 2009. "Measuring attention and strategic behavior in games with private information," CEPR Discussion Papers 7529, C.E.P.R. Discussion Papers.
    44. Knies, Austin & Lorca, Jorge & Melo, Emerson, 2022. "A recursive logit model with choice aversion and its application to transportation networks," Transportation Research Part B: Methodological, Elsevier, vol. 155(C), pages 47-71.
    45. Valenzuela-Stookey, Quitzé, 2023. "Subjective complexity under uncertainty," Department of Economics, Working Paper Series qt4mz932j6, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    46. Jorge Lorca & Emerson Melo, 2020. "Choice Aversion in Directed Networks," Working Papers Central Bank of Chile 879, Central Bank of Chile.
    47. Yosuke Hashidate & Tetsuya Kawamura & Fabrice Le Lec & Yusuke Osaki & Benoît Tarroux, 2024. "Impure motivations in social preferences: Experimental evidence from menu choices," Working Papers 2406, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.

  16. Ortoleva, Pietro, 2008. "Status Quo Bias, Multiple Priors and Uncertainty Aversion," MPRA Paper 12243, University Library of Munich, Germany.

    Cited by:

    1. Galanis, S., 2019. "Speculative Trade and the Value of Public Information," Working Papers 20/04, Department of Economics, City University London.
    2. Guney, Begum & Richter, Michael, 2018. "Costly switching from a status quo," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 55-70.
    3. Spyros Galanis, 2021. "Dynamic consistency, valuable information and subjective beliefs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1467-1497, June.
    4. Eszter Czibor & Danny Hsu & David Jimenez-Gomez & Susanne Neckermann & Burcu Subasi, 2022. "Loss-Framed Incentives and Employee (Mis-)Behavior," Management Science, INFORMS, vol. 68(10), pages 7518-7537, October.
    5. Francesco Bogliacino & Pietro Ortoleva, 2014. "The Behavior of Others as a Reference Point," Working Papers 2014-4, Princeton University. Economics Department..
    6. Maltz, Amnon & Romagnoli, Giorgia, 2015. "The Effect of Ambiguity on Status Quo Bias: An Experimental Study," Working Papers WP2015/5, University of Haifa, Department of Economics.
    7. Yoshioka, Nagisa & 吉岡, 渚 & Yokoo, Hide-Fumi & 横尾, 英史 & Saengavut, Voravee & Bumrungkit, Siraprapa, 2020. "Ambiguity Aversion and Individual Adaptation to Climate Change: Evidence from a Farmer Survey in Northeastern Thailand," Discussion Papers 2020-06, Graduate School of Economics, Hitotsubashi University.
    8. Dean, Mark & Kıbrıs, Özgür & Masatlioglu, Yusufcan, 2017. "Limited attention and status quo bias," Journal of Economic Theory, Elsevier, vol. 169(C), pages 93-127.
    9. Irene Daskalopoulou & Athanasia Karakitsiou, 2020. "Regional Social Capital and Economic Growth: Exploratory Evidence from Testing the Virtuous Spiral vs. Vicious Cycle Model for Greece," Sustainability, MDPI, vol. 12(15), pages 1-25, July.
    10. Qin, Dan, 2024. "Differentiating roles of the reference alternative," Games and Economic Behavior, Elsevier, vol. 146(C), pages 196-221.
    11. Daniele Pennesi, 2013. "Endogenous Status Quo," Carlo Alberto Notebooks 314, Collegio Carlo Alberto.
    12. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2019. "Deliberately Stochastic," American Economic Review, American Economic Association, vol. 109(7), pages 2425-2445, July.
      • Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2012. "Deliberately Stochastic," PIER Working Paper Archive 17-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 May 2017.
    13. Linnerud, K. & Toney, P. & Simonsen, M. & Holden, E., 2019. "Does change in ownership affect community attitudes toward renewable energy projects? Evidence of a status quo bias," Energy Policy, Elsevier, vol. 131(C), pages 1-8.
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Articles

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    Cited by:

    1. Roy Allen & Pawel Dziewulski & John Rehbeck, 2019. "Revealed Statistical Consumer Theory," University of Western Ontario, Departmental Research Report Series 20195, University of Western Ontario, Department of Economics.
    2. Caliari, Daniele, 2023. "Rationality is not consistency," Discussion Papers, Research Unit: Economics of Change SP II 2023-304, WZB Berlin Social Science Center.
    3. de Castro, Luciano & Galvao, Antonio F. & Noussair, Charles N. & Qiao, Liang, 2022. "Do people maximize quantiles?," Games and Economic Behavior, Elsevier, vol. 132(C), pages 22-40.
    4. Benoît Tarroux, 2018. "On the roots of the intrinsic value of decision rights: Evidence from France and Japan," Post-Print halshs-02001288, HAL.
    5. Jeffrey E. Harris & Mariana Gerstenblüth & Patricia Triunfo, 2018. "Smokers’ Rational Lexicographic Preferences for Cigarette Package Warnings: A Discrete Choice Experiment with Eye Tracking," Documentos de Trabajo (working papers) 0218, Department of Economics - dECON.
    6. Qiu, Jianying & Ong, Qiyan, 2017. "Indifference or indecisiveness: a strict discrimination," MPRA Paper 81440, University Library of Munich, Germany, revised 18 Sep 2017.
    7. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries and Stochastic Impatience," PIER Working Paper Archive 18-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Jun 2018.
    8. Ryan Webb, 2019. "The (Neural) Dynamics of Stochastic Choice," Management Science, INFORMS, vol. 65(1), pages 230-255, January.
    9. Drichoutis, Andreas C. & Palma, Marco & Feldman, Paul, 2024. "Incentives and Payment Mechanisms in Preference Elicitation," MPRA Paper 120898, University Library of Munich, Germany.
    10. Steverson, Kai & Brandenburger, Adam & Glimcher, Paul, 2019. "Choice-theoretic foundations of the divisive normalization model," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 148-165.
    11. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    12. Estache, Antonio & Foucart, Renaud & Serebrisky, Tomás, 2022. "When can lotteries improve public procurement processes?," IDB Publications (Working Papers) 12484, Inter-American Development Bank.
    13. Wei Ma, 2023. "Random dual expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 293-315, February.
    14. Nicolas Jacquemet & Stephane Luchini & A. Malézieux & Jason F. Shogren, 2020. "Who’ll stop lying under oath? Empirical evidence from tax evasion games," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-02576845, HAL.
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    19. Jose Apesteguia & Miguel Ángel Ballester, 2020. "Separating predicted randomness from residual behavior," Economics Working Papers 1757, Department of Economics and Business, Universitat Pompeu Fabra.
    20. Royi Jacobovic, 2022. "Regulation of a single-server queue with customers who dynamically choose their service durations," Queueing Systems: Theory and Applications, Springer, vol. 101(3), pages 245-290, August.
    21. Narayanaswamy Balakrishnan & Efe A. Ok & Pietro Ortoleva, 2021. "Inferential Choice Theory," Working Papers 2021-60, Princeton University. Economics Department..
    22. Guo, Liang, 2021. "Contextual deliberation and the choice-valuation preference reversal," Journal of Economic Theory, Elsevier, vol. 195(C).
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    25. Carlos Alós-Ferrer & Ernst Fehr & Helga Fehr-Duda & Michele Garagnani, 2024. "Common ratio and common consequence effects arise from true preferences," ECON - Working Papers 459, Department of Economics - University of Zurich.
    26. Antonio Estache & Renaud Foucart & Konstantinos Georgalos, 2024. "Preference for Control vs. Random Dictatorship," Working Papers ECARES 2024-10, ULB -- Universite Libre de Bruxelles.
    27. Christian Belzil & Tomáš Jagelka, 2024. "Separating Preferences from Endogenous Effort and Cognitive Noise in Observed Decisions," Working Papers 2024-13, Center for Research in Economics and Statistics.
    28. Daniel J. Benjamin & Mark Alan Fontana & Miles S. Kimball, 2020. "Reconsidering Risk Aversion," NBER Working Papers 28007, National Bureau of Economic Research, Inc.
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    33. Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2019. "Deliberately Stochastic," American Economic Review, American Economic Association, vol. 109(7), pages 2425-2445, July.
      • Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva & Gil Riella, 2012. "Deliberately Stochastic," PIER Working Paper Archive 17-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 May 2017.
    34. Edi Karni, 2024. "Irresolute choice behavior," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(1), pages 70-87, March.
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    38. Duffy, Sean & Smith, John, 2024. "The random thickness of indifference," MPRA Paper 122165, University Library of Munich, Germany.
    39. Carlos Alós-Ferrer & Ernst Fehr & Nick Netzer, 2018. "Time will tell: recovering preferences when choices are noisy," ECON - Working Papers 306, Department of Economics - University of Zurich, revised Jun 2020.
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    42. Julian Romero & Yaroslav Rosokha, 2023. "Mixed Strategies in the Indefinitely Repeated Prisoner's Dilemma," Econometrica, Econometric Society, vol. 91(6), pages 2295-2331, November.
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    44. Julio J. Elías & Nicola Lacetera & Mario Macis, 2019. "Paying for Kidneys? A Randomized Survey and Choice Experiment," American Economic Review, American Economic Association, vol. 109(8), pages 2855-2888, August.
    45. Kassas, Bachir & Palma, Marco A. & Porter, Maria, 2022. "Happy to take some risk: Estimating the effect of induced emotions on risk preferences," Journal of Economic Psychology, Elsevier, vol. 91(C).
    46. Carlos Alós-Ferrer & Michele Garagnani, 2019. "Strength of preference and decisions under risk," ECON - Working Papers 330, Department of Economics - University of Zurich, revised Feb 2022.
    47. Germano, Fabrizio & Sobbrio, Francesco, 2020. "Opinion dynamics via search engines (and other algorithmic gatekeepers)," Journal of Public Economics, Elsevier, vol. 187(C).
    48. Paul Feldman & John Rehbeck, 2022. "Revealing a preference for mixtures: An experimental study of risk," Quantitative Economics, Econometric Society, vol. 13(2), pages 761-786, May.
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    51. Elias Bouacida, 2021. "Identifying Choice Correspondences," Working Papers 327800275, Lancaster University Management School, Economics Department.
    52. Ryan Kendall, 2017. "Aligning Democracy: A Comment on Bruno S. Frey’s “Proposals for a Democracy of the Future”," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 34(2), pages 243-251, November.
    53. Yosuke Hashidate, 2018. "Preferences for Randomization and Anticipated Utility," CIRJE F-Series CIRJE-F-1083, CIRJE, Faculty of Economics, University of Tokyo.
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    55. Arts, Sara & Ong, Qiyan & Qiu, Jianying, 2020. "Measuring subjective decision confidence," MPRA Paper 117907, University Library of Munich, Germany.
    56. Gibson, John & Johnson, David, 2018. "The Economic Relevancy of Risk Preferences Elicited Online and With Low Stakes," MPRA Paper 87231, University Library of Munich, Germany.
    57. Zachary Breig & Paul Feldman, 2024. "Revealing risky mistakes through revisions," Journal of Risk and Uncertainty, Springer, vol. 68(3), pages 227-254, June.
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    62. Arts, Sara & Ong, Qiyan & Qiu, Jianying, 2020. "Measuring subjective decision confidence," MPRA Paper 106811, University Library of Munich, Germany.
    63. Sang Hu & Jan Obloj & Xun Yu Zhou, 2021. "When to Quit Gambling, if You Must!," Papers 2102.03157, arXiv.org.
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    98. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries, Second Version," PIER Working Paper Archive 15-026v2, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 12 Jan 2018.
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    100. Duffy, Sean & Gussman, Steven & Smith, John, 2019. "Judgments of length in the economics laboratory: Are there brains in choice?," MPRA Paper 93126, University Library of Munich, Germany.
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    126. King King Li & Kang Rong, 2024. "A two-step guessing game," Theory and Decision, Springer, vol. 97(1), pages 89-108, August.
    127. Pavlo R. Blavatskyy, 2020. "Dual choice axiom and probabilistic choice," Journal of Risk and Uncertainty, Springer, vol. 61(1), pages 25-41, August.
    128. Mogens Fosgerau & John Rehbeck, 2023. "Nontransitive Preferences and Stochastic Rationalizability: A Behavioral Equivalence," Papers 2304.14631, arXiv.org.
    129. Heydari, Pedram, 2021. "Luce arbitrates: Stochastic resolution of inner conflicts," Games and Economic Behavior, Elsevier, vol. 126(C), pages 33-74.

  2. Dean, Mark & Ortoleva, Pietro, 2017. "Allais, Ellsberg, and preferences for hedging," Theoretical Economics, Econometric Society, vol. 12(1), January.
    See citations under working paper version above.
  3. Kfir Eliaz & Pietro Ortoleva, 2016. "Multidimensional Ellsberg," Management Science, INFORMS, vol. 62(8), pages 2179-2197, August.

    Cited by:

    1. Patrick DeJarnette & David Dillenberger & Daniel Gottlieb & Pietro Ortoleva, 2014. "Time Lotteries and Stochastic Impatience," PIER Working Paper Archive 18-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Jun 2018.
    2. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    3. Divya Aggarwal & Pitabas Mohanty, 2022. "Influence of imprecise information on risk and ambiguity preferences: Experimental evidence," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(4), pages 1025-1038, June.

  4. Cristiano Codagnone & Giuseppe Alessandro Veltri & Francesco Bogliacino & Francisco Lupiáñez-Villanueva & George Gaskell & Andriy Ivchenko & Pietro Ortoleva & Francesco Mureddu, 2016. "Labels as nudges? An experimental study of car eco-labels," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(3), pages 403-432, December.
    See citations under working paper version above.
  5. Ortoleva, Pietro & Snowberg, Erik, 2015. "Are conservatives overconfident?," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 333-344.

    Cited by:

    1. Jan Schnellenbach & Christian Schubert, 2014. "Behavioral Political Economy: A Survey," CESifo Working Paper Series 4988, CESifo.
    2. Stone, Daniel F., 2019. "“Unmotivated bias” and partisan hostility: Empirical evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 79(C), pages 12-26.

  6. Efe A. Ok & Pietro Ortoleva & Gil Riella, 2015. "Revealed (P)Reference Theory," American Economic Review, American Economic Association, vol. 105(1), pages 299-321, January.

    Cited by:

    1. Fabio Galeotti & Maria Montero & Anders Poulsen, 2018. "The Attraction and Compromise Effects in Bargaining: Experimental Evidence," Post-Print halshs-01820223, HAL.
    2. Özgür Evren, 2012. "Scalarization Methods and Expected Multi-Utility Representations," Working Papers w0174, Center for Economic and Financial Research (CEFIR).
    3. Ronayne, David & Brown, Gordon D.A., 2016. "Multi-attribute decision by sampling: An account of the attraction, comprimise and similarity effects," The Warwick Economics Research Paper Series (TWERPS) 1124, University of Warwick, Department of Economics.
    4. Yukinori Iwata, 2018. "Salience and limited attention," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 50(1), pages 123-146, January.
    5. Ortoleva, Pietro, 2010. "Status quo bias, multiple priors and uncertainty aversion," Games and Economic Behavior, Elsevier, vol. 69(2), pages 411-424, July.
    6. ,, 2016. "Monotone threshold representations," Theoretical Economics, Econometric Society, vol. 11(3), September.
    7. de Haan, Thomas & van Veldhuizen, Roel, 2013. "Willpower depletion and framing effects," Discussion Papers, Research Unit: Market Behavior SP II 2013-206, WZB Berlin Social Science Center.
    8. Barbos, Andrei, 2013. "A reference-dependent representation with subjective tastes," Journal of Mathematical Economics, Elsevier, vol. 49(2), pages 111-123.
    9. Victor H. Aguiar & Roberto Serrano, 2018. "Cardinal Revealed Preference, Price-Dependent Utility, and Consistent Binary Choice," Working Papers 2018-3, Brown University, Department of Economics.
    10. Dino Borie & Dorian Jullien, 2019. "Description-dependent Choices," Working Papers halshs-01651086, HAL.
    11. Mauricio Ribeiro & Gil Riella, 2017. "Regular preorders and behavioral indifference," Theory and Decision, Springer, vol. 82(1), pages 1-12, January.
    12. Jose Apesteguia & Miguel A. Ballester, 2012. "Choice by sequential procedures," Economics Working Papers 1309, Department of Economics and Business, Universitat Pompeu Fabra.
    13. Christopher Tyson, 2015. "Satisficing behavior with a secondary criterion," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 44(3), pages 639-661, March.
    14. Qin, Dan, 2024. "Differentiating roles of the reference alternative," Games and Economic Behavior, Elsevier, vol. 146(C), pages 196-221.
    15. Daniele Pennesi, 2013. "Endogenous Status Quo," Carlo Alberto Notebooks 314, Collegio Carlo Alberto.
    16. Rinscheid, Adrian & Wüstenhagen, Rolf, 2018. "Divesting, Fast and Slow: Affective and Cognitive Drivers of Fading Voter Support for a Nuclear Phase-Out," Ecological Economics, Elsevier, vol. 152(C), pages 51-61.
    17. Jose Apesteguia & Miguel Ángel Ballester, 2014. "A Measure of Rationality and Welfare," Working Papers 573, Barcelona School of Economics.
    18. Fabrizi, Simona & Lippert, Steffen & Puppe, Clemens & Rosenkranz, Stephanie, 2016. "Manufacturer suggested retail prices, loss aversion and competition," Journal of Economic Psychology, Elsevier, vol. 53(C), pages 141-153.
    19. Hassan Nosratabadi, 2017. "Referential Revealed Preference Theory," Departmental Working Papers 201707, Rutgers University, Department of Economics.
    20. Buturak, Gökhan & Evren, Özgür, 2017. "Choice overload and asymmetric regret," Theoretical Economics, Econometric Society, vol. 12(3), September.
    21. Yusufcan Masatlioglu & Daisuke Nakajima & Erkut Ozbay, 2009. "Revealed Attention," NajEcon Working Paper Reviews 814577000000000409, www.najecon.org.
    22. Nosratabadi, Hassan, 2024. "Rational Shortlist Method with refined rationales," Mathematical Social Sciences, Elsevier, vol. 127(C), pages 12-18.
    23. Calford, Evan & Chakraborty, Anujit & Fenig, Guidon & Halevy, Yoram, 2014. "External and Internal Consistency of Choices made in Convex Time Budgets," Microeconomics.ca working papers yoram_halevy-2014-37, Vancouver School of Economics, revised 09 Jan 2017.
    24. David Freeman, 2013. "Revealed Preference Foundations of Expectations-Based Reference-Dependence," Discussion Papers dp13-10, Department of Economics, Simon Fraser University.
    25. Valentino Dardanoni & Paola Manzini & Marco Mariotti & Christopher J. Tyson, 2018. "Inferring Cognitive Heterogeneity from Aggregate Choices," Working Paper Series 1018, Department of Economics, University of Sussex Business School.
    26. Alberto Alesina & Francesco Passarelli, 2015. "Loss Aversion in Politics," NBER Working Papers 21077, National Bureau of Economic Research, Inc.
    27. Sürücü, Oktay & Brangewitz, Sonja & Mir Djawadi, Behnud, 2017. "Asymmetric dominance effect with multiple decoys for low- and high-variance lotteries," Center for Mathematical Economics Working Papers 574, Center for Mathematical Economics, Bielefeld University.
    28. Guney, Begum & Richter, Michael & Tsur, Matan, 2018. "Aspiration-based choice," Journal of Economic Theory, Elsevier, vol. 176(C), pages 935-956.
    29. Shaofang Qi, 2016. "A characterization of the n-agent Pareto dominance relation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(3), pages 695-706, March.
    30. Hassan Nosratabadi, 2017. "Rational Filters," Departmental Working Papers 201706, Rutgers University, Department of Economics.
    31. Ghossoub, Mario, 2011. "Towards a Purely Behavioral Definition of Loss Aversion," MPRA Paper 37628, University Library of Munich, Germany, revised 23 Mar 2012.
    32. Suzuki, Toru, 2019. "Choice set dependent performance and post-decision dissonance," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 24-42.
    33. Xi Zhi Lim, 2021. "Ordered Reference Dependent Choice," Papers 2105.12915, arXiv.org, revised Feb 2024.
    34. Lamiraud, Karine & Oxoby, Robert & Donaldson, Cam, 2016. "Reference Dependence and Incremental WTP," ESSEC Working Papers WP1609, ESSEC Research Center, ESSEC Business School.
    35. Nosratabadi, Hassan, 2022. "Reference-dependent choice under plurality rule," Mathematical Social Sciences, Elsevier, vol. 115(C), pages 88-98.
    36. Gerelt Tserenjigmid, 2020. "On the characterization of linear habit formation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 49-93, July.
    37. Guney, Begum & Richter, Michael, 2015. "An experiment on aspiration-based choice," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 512-526.
    38. Georgios Gerasimou, 2016. "Partially dominant choice," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(1), pages 127-145, January.
    39. Nishimura, Hiroki & Ok, Efe A., 2016. "Utility representation of an incomplete and nontransitive preference relation," Journal of Economic Theory, Elsevier, vol. 166(C), pages 164-185.
    40. Edoardo Grillo, 2013. "Reference Dependence, Risky Projects and Credible Information Transmission," Carlo Alberto Notebooks 331, Collegio Carlo Alberto.
    41. Evren, Özgür & Ok, Efe A., 2011. "On the multi-utility representation of preference relations," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 554-563.

  7. Pietro Ortoleva & Erik Snowberg, 2015. "Overconfidence in Political Behavior," American Economic Review, American Economic Association, vol. 105(2), pages 504-535, February.
    See citations under working paper version above.
  8. Simone Cerreia‐Vioglio & David Dillenberger & Pietro Ortoleva, 2015. "Cautious Expected Utility and the Certainty Effect," Econometrica, Econometric Society, vol. 83, pages 693-728, March.
    See citations under working paper version above.
  9. Pietro Ortoleva, 2014. "Hypothesis Testing and Ambiguity Aversion," Rivista di Politica Economica, SIPI Spa, issue 3, pages 45-64, July-Sept.

    Cited by:

    1. Hill, Brian, 2022. "Updating confidence in beliefs," Journal of Economic Theory, Elsevier, vol. 199(C).
    2. Cheng, Xiaoyu, 2022. "Relative Maximum Likelihood updating of ambiguous beliefs," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    3. Xiaoyu Cheng, 2019. "Relative Maximum Likelihood Updating of Ambiguous Beliefs," Papers 1911.02678, arXiv.org, revised Oct 2021.

  10. Ortoleva, Pietro, 2013. "The price of flexibility: Towards a theory of Thinking Aversion," Journal of Economic Theory, Elsevier, vol. 148(3), pages 903-934.
    See citations under working paper version above.
  11. Efe A. Ok & Pietro Ortoleva & Gil Riella, 2012. "Incomplete Preferences Under Uncertainty: Indecisiveness in Beliefs versus Tastes," Econometrica, Econometric Society, vol. 80(4), pages 1791-1808, July.

    Cited by:

    1. Simone Cerreia-Vioglio & David Dillenberger & Pietro ortoleva, 2013. "Cautious Expected Utility and the Certainty Effect," Working Papers 488, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    2. Dino Borie, 2023. "Expected utility in Savage’s framework without the completeness axiom," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(2), pages 525-550, August.
    3. Pierre Bardier & Bach Dong-Xuan & Van-Quy Nguyen, 2024. "Unanimity of two selves in decision making," Papers 2406.11166, arXiv.org.
    4. Özgür Evren, 2012. "Scalarization Methods and Expected Multi-Utility Representations," Working Papers w0174, Center for Economic and Financial Research (CEFIR).
    5. Galaabaatar, Tsogbadral & Khan, M. Ali & Uyanık, Metin, 2019. "Completeness and transitivity of preferences on mixture sets," Mathematical Social Sciences, Elsevier, vol. 99(C), pages 49-62.
    6. Eric Danan & Thibault Gajdos & Brian Hill & Jean-Marc Tallon, 2014. "Aggregating Tastes, Beliefs, and Attitudes under Uncertainty," Post-Print halshs-01099032, HAL.
    7. Ganguli, Jayant & Heifetz, Aviad & Lee, Byung Soo, 2016. "Universal interactive preferences," Journal of Economic Theory, Elsevier, vol. 162(C), pages 237-260.
    8. Harvey Lederman, 2023. "Incompleteness, Independence, and Negative Dominance," Papers 2311.08471, arXiv.org.
    9. Qiu, Jianying & Ong, Qiyan, 2017. "Indifference or indecisiveness: a strict discrimination," MPRA Paper 81440, University Library of Munich, Germany, revised 18 Sep 2017.
    10. Andreas H. Hamel & Andreas Löhne, 2018. "A set optimization approach to zero-sum matrix games with multi-dimensional payoffs," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 88(3), pages 369-397, December.
    11. McClellon, Morgan, 2016. "Confidence models of incomplete preferences," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 30-34.
    12. Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2012. "Harsanyi's aggregation theorem with incomplete preferences," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00768894, HAL.
    13. Yeon-Koo Che & Jinwoo Kim & Fuhito Kojima, 2019. "Weak Monotone Comparative Statics," Papers 1911.06442, arXiv.org, revised Nov 2021.
    14. Gil Riella, 2015. "On the representation of incomplete preferences under uncertainty with indecisiveness in tastes and beliefs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(3), pages 571-600, April.
    15. Gilboa, Itzhak & Maccheroni, Fabio & Marinacciand, Massimo & Schmeidler, David, 2009. "Objective and Subjective Rationality in a Multiple Prior Model," Foerder Institute for Economic Research Working Papers 275721, Tel-Aviv University > Foerder Institute for Economic Research.
    16. Robert G. Chambers & Tigran Melkonyan & John Quiggin, 2022. "Incomplete preferences, willingness to pay, and willingness to accept," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 727-761, October.
    17. Gerasimou, Georgios, 2018. "On the indifference relation in Bewley preferences," Economics Letters, Elsevier, vol. 164(C), pages 24-26.
    18. Guo, Liang, 2021. "Contextual deliberation and the choice-valuation preference reversal," Journal of Economic Theory, Elsevier, vol. 195(C).
    19. Bernheim, B. Douglas & Bodoh-Creed, Aaron L., 2020. "A theory of decisive leadership," Games and Economic Behavior, Elsevier, vol. 121(C), pages 146-168.
    20. Faro, José Heleno, 2011. "Variational Bewley Preferences," Insper Working Papers wpe_258, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    21. Pejsachowicz, Leonardo & Toussaert, Séverine, 2017. "Choice deferral, indecisiveness and preference for flexibility," LSE Research Online Documents on Economics 83566, London School of Economics and Political Science, LSE Library.
    22. David McCarthy & Kalle Mikkola & Teruji Thomas, 2019. "Aggregation for potentially infinite populations without continuity or completeness," Papers 1911.00872, arXiv.org.
    23. Leandro Gorno, 2018. "The structure of incomplete preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(1), pages 159-185, July.
    24. Edi Karni, 2024. "Irresolute choice behavior," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(1), pages 70-87, March.
    25. Evren, Özgür, 2014. "Scalarization methods and expected multi-utility representations," Journal of Economic Theory, Elsevier, vol. 151(C), pages 30-63.
    26. McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2021. "Expected utility theory on mixture spaces without the completeness axiom," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    27. A. Zapata & A. M. Mármol & L. Monroy & M. A. Caraballo, 2019. "A Maxmin Approach for the Equilibria of Vector-Valued Games," Group Decision and Negotiation, Springer, vol. 28(2), pages 415-432, April.
    28. John D. Hey & Yudistira Permana & Nuttaporn Rochanahastin, 2018. "When and how to satisfice: an experimental investigation," World Scientific Book Chapters, in: Experiments in Economics Decision Making and Markets, chapter 5, pages 121-137, World Scientific Publishing Co. Pte. Ltd..
    29. Eric Danan, 2010. "Randomization vs. selection: How to choose in the absence of preference?," Post-Print hal-00872249, HAL.
    30. Giarlotta, Alfio & Greco, Salvatore, 2013. "Necessary and possible preference structures," Journal of Mathematical Economics, Elsevier, vol. 49(2), pages 163-172.
    31. Leandro Nascimento & Gil Riella, 2008. "A Class of Incomplete and Ambiguity Averse Preferences," Working Papers Series 180, Central Bank of Brazil, Research Department.
    32. Gorno, Leandro & Rivello, Alessandro T., 2023. "A maximum theorem for incomplete preferences," Journal of Mathematical Economics, Elsevier, vol. 106(C).
    33. Birgit Rudloff & Firdevs Ulus, 2019. "Certainty Equivalent and Utility Indifference Pricing for Incomplete Preferences via Convex Vector Optimization," Papers 1904.09456, arXiv.org, revised Oct 2020.
    34. McCarthy, David & Mikkola, Kalle, 2018. "Continuity and completeness of strongly independent preorders," Mathematical Social Sciences, Elsevier, vol. 93(C), pages 141-145.
    35. Georgios Gerasimou, 2020. "Decision Conflict, Logit, and the Outside Option," Papers 2008.04229, arXiv.org, revised Nov 2024.
    36. José Heleno Faro & Ana Santos, 2023. "Updating variational (Bewley) preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(1), pages 207-228, January.
    37. Nobuo Koida, 2021. "Intransitive indifference with direction-dependent sensitivity," KIER Working Papers 1061, Kyoto University, Institute of Economic Research.
    38. Pivato, Marcus, 2012. "Multiutility representations for incomplete difference preorders," MPRA Paper 41182, University Library of Munich, Germany.
    39. Arts, Sara & Ong, Qiyan & Qiu, Jianying, 2020. "Measuring subjective decision confidence," MPRA Paper 117907, University Library of Munich, Germany.
    40. McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2017. "Representation of strongly independent preorders by sets of scalar-valued functions," MPRA Paper 79284, University Library of Munich, Germany.
    41. Dana, Rose-Anne & Riedel, Frank, 2013. "Intertemporal equilibria with Knightian uncertainty," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1582-1605.
    42. Brian Hill, 2011. "Deferral, incomplete preferences and confidence," Working Papers hal-00579337, HAL.
    43. Dean, Mark & Ortoleva, Pietro, 2017. "Allais, Ellsberg, and preferences for hedging," Theoretical Economics, Econometric Society, vol. 12(1), January.
    44. Paolo Leonetti & Giulio Principi, 2022. "Representations of cones and applications to decision theory," Papers 2209.06310, arXiv.org, revised Jan 2023.
    45. Arts, Sara & Ong, Qiyan & Qiu, Jianying, 2020. "Measuring subjective decision confidence," MPRA Paper 106811, University Library of Munich, Germany.
    46. Qiyan Ong & Jianying Qiu, 2023. "Paying for randomization and indecisiveness," Journal of Risk and Uncertainty, Springer, vol. 67(1), pages 45-72, August.
    47. Liu Shi & Jianying Qiu & Jiangyan Li & Frank Bohn, 2024. "Consciously stochastic in preference reversals," Journal of Risk and Uncertainty, Springer, vol. 68(3), pages 255-297, June.
    48. Elena Cettolin & Arno Riedl, 2015. "Revealed Incomplete Preferences under Uncertainty," CESifo Working Paper Series 5359, CESifo.
    49. Matthew Kovach, 2021. "Conservative Updating," Papers 2102.00152, arXiv.org.
    50. Hill , Brian, 2014. "Incomplete Preferences and Confidence," HEC Research Papers Series 1051, HEC Paris.
    51. Matthew Kovach, 2021. "Ambiguity and Partial Bayesian Updating," Papers 2102.11429, arXiv.org, revised Mar 2023.
    52. Simone Cerreia-Vioglio & Alfio Giarlotta & Salvatore Greco & Fabio Maccheroni & Massimo Marinacci, 2020. "Rational preference and rationalizable choice," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(1), pages 61-105, February.
    53. Minardi, Stefania & Savochkin, Andrei, 2015. "Preferences with grades of indecisiveness," Journal of Economic Theory, Elsevier, vol. 155(C), pages 300-331.
    54. Pejsachowicz, Leonardo & Toussaert, Séverine, 2017. "Choice deferral, indecisiveness and preference for flexibility," Journal of Economic Theory, Elsevier, vol. 170(C), pages 417-425.
    55. Koida, Nobuo, 2022. "Indecisiveness, preference for flexibility, and a unique subjective state space," Journal of Mathematical Economics, Elsevier, vol. 103(C).
    56. Kirby Nielsen & Luca Rigotti, 2022. "Revealed Incomplete Preferences," Papers 2205.08584, arXiv.org, revised Oct 2022.
    57. Weixuan Xia, 2023. "Optimal Consumption--Investment Problems under Time-Varying Incomplete Preferences," Papers 2312.00266, arXiv.org.
    58. Tigran Melkonyan & Zvi Safra, 2016. "Intrinsic Variability in Group and Individual Decision Making," Management Science, INFORMS, vol. 62(9), pages 2651-2667, September.
    59. Leonardo Pejsachowicz & Séverine Toussaert, 2017. "Choice deferral, indecisiveness and preference for flexibility," Post-Print hal-02862199, HAL.
    60. Monica Milasi & Domenico Scopelliti, 2021. "A Variational Approach to the Maximization of Preferences Without Numerical Representation," Journal of Optimization Theory and Applications, Springer, vol. 190(3), pages 879-893, September.
    61. Galaabaatar, Tsogbadral & Karni, Edi, 2012. "Expected multi-utility representations," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 242-246.
    62. Robert Nau, 2011. "Risk, ambiguity, and state-preference theory," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 437-467, October.
    63. Tsogbadral Galaabaatar & Edi Karni, 2010. "Objective and Subjective Expected Utility with Incomplete Preferences," Economics Working Paper Archive 572, The Johns Hopkins University,Department of Economics.
    64. Eric Danan, 2021. "Partial utilitarianism," Working Papers hal-03327900, HAL.
    65. Simone Cerreia-Vioglio & Efe A. Ok, 2018. "The Rational Core of Preference Relations," Working Papers 632, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    66. Stoye, Jörg, 2015. "Choice theory when agents can randomize," Journal of Economic Theory, Elsevier, vol. 155(C), pages 131-151.
    67. Yazdanabad, Hadi Pahlevan, 2024. "Justification within and between social contexts with the possibility of choice deferral," Journal of Mathematical Economics, Elsevier, vol. 112(C).
    68. Kazuhiro Hara & Gil Riella, 2023. "Multiple tastes and beliefs with an infinite prize space," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(2), pages 417-444, August.
    69. Karni, Edi & Maccheroni, Fabio & Marinacci, Massimo, 2015. "Ambiguity and Nonexpected Utility," Handbook of Game Theory with Economic Applications,, Elsevier.
    70. Leonardo Pejsachowicz, 2016. "Stochastic Independence under Knightian Uncertainty," Post-Print hal-01753323, HAL.
    71. Cettolin, Elena & Riedl, Arno, 2019. "Revealed preferences under uncertainty: Incomplete preferences and preferences for randomization," Journal of Economic Theory, Elsevier, vol. 181(C), pages 547-585.
    72. D. Borie, 2016. "Lexicographic expected utility without completeness," Theory and Decision, Springer, vol. 81(2), pages 167-176, August.
    73. Ellsaesser, Florian & Fioretti, Guido, 2022. "Deciding Not To Decide," MPRA Paper 111546, University Library of Munich, Germany.

  12. Pietro Ortoleva, 2012. "Modeling the Change of Paradigm: Non-Bayesian Reactions to Unexpected News," American Economic Review, American Economic Association, vol. 102(6), pages 2410-2436, October.

    Cited by:

    1. Larry Samuelson & Jakub Steiner, 2024. "Constrained data-fitters," ECON - Working Papers 460, Department of Economics - University of Zurich.
    2. Majumdar, Dipjyoti & Shneyerov, Art & Xie, Huan, 2010. "How Optimism Leads to Price Discovery and Efficiency in a Dynamic Matching Market," Microeconomics.ca working papers artyom_shneyerov-2010-32, Vancouver School of Economics, revised 26 Oct 2010.
    3. Stefania Minardi & Andrei Savochkin, 2016. "Subjective Contingencies and Limited Bayesian Updating," Working Papers w0222, New Economic School (NES).
    4. Levy, Gilat & Razin, Ronny, 2021. "A maximum likelihood approach to combining forecasts," LSE Research Online Documents on Economics 104116, London School of Economics and Political Science, LSE Library.
    5. Françoise Forges & József Sákovics, 2022. "Tenable threats when Nash equilibrium is the norm," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(3), pages 589-605, November.
    6. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    7. Edi Karni & Marie-Louise Viero, 2013. "Probabilistic Sophistication And Reverse Bayesianism," Working Paper 1303, Economics Department, Queen's University.
    8. Chini, Emilio Zanetti, 2023. "Can we estimate macroforecasters’ mis-behavior?," Journal of Economic Dynamics and Control, Elsevier, vol. 149(C).
    9. Alice Hsiaw & Ing-Haw Cheng, 2016. "Distrust in Experts and the Origins of Disagreement," Working Papers 110R3, Brandeis University, Department of Economics and International Business School, revised Mar 2018.
    10. Esponda, Ignacio & Vespa, Emanuel & Yuksel, Sevgi, 2024. "Mental Models and Learning: The Case of Base-Rate Neglect," University of California at San Diego, Economics Working Paper Series qt8cb387t8, Department of Economics, UC San Diego.
    11. Kawakami, Hajime, 2023. "Doob’s consistency of a non-Bayesian updating process," Statistics & Probability Letters, Elsevier, vol. 203(C).
    12. Dominiak, Adam & Lee, Dongwoo, 2023. "Testing rational hypotheses in signaling games," European Economic Review, Elsevier, vol. 160(C).
    13. Robert C. Merton & Richard T. Thakor, 2015. "Customers and Investors: A Framework for Understanding Financial Institutions," NBER Working Papers 21258, National Bureau of Economic Research, Inc.
    14. Brian Hill, 2022. "Updating confidence in beliefs," Post-Print hal-03503986, HAL.
    15. José Luis Montiel Olea & Pietro Ortoleva & Mallesh Pai & Andrea Prat, 2021. "Competing Models," Working Papers 2021-89, Princeton University. Economics Department..
    16. Hill, Brian, 2022. "Updating confidence in beliefs," Journal of Economic Theory, Elsevier, vol. 199(C).
    17. Roberta de Filippis & Antonio Guarino & Philippe Jehiel & Toru Kitagawa, 2022. "Non-Bayesian updating in a social learning experiment," PSE-Ecole d'économie de Paris (Postprint) halshs-03229978, HAL.
    18. Cheng, Xiaoyu, 2022. "Relative Maximum Likelihood updating of ambiguous beliefs," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    19. Sun, Lan, 2016. "Hypothesis testing equilibrium in signaling games," Center for Mathematical Economics Working Papers 557, Center for Mathematical Economics, Bielefeld University.
    20. Sinkey, Michael, 2015. "How do experts update beliefs? Lessons from a non-market environment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 57(C), pages 55-63.
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    See citations under working paper version above.
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