Firm exists when team production makes it difficult to compensate inputs individually. Moving forward, we are going to look at how incomplete contracting, bounded rationality, private information ...

For example, people may think shark or bear attacks are a common cause of death if they’ve read about one such attack, but the incidents are actually very rare. Bounded rationality refers to the fact ...

Gary A. Klein (Norwood, N.J.: Ablex, 1993), pp. 36–50; G. Gigerenzer and R. Selten, Bounded Rationality: The Adaptive Toolbox (Cambridge, Mass.: MIT Press, 2002). 29. “Microworld” denotes a computer ...

How To Make Smarter Decisions In A Noisy World, and a non-executive director, behavioural scientist and award-winning ...

The new kid on the AI block, generative AI, is already making significant inroads into financial services, with the world’s ...

Is it time to abolish Arts Council England? Don’t overplay the DCMS’ role in Theatre Tax Relief, and congrats to Lisa Spirling. This week in Your Views ...

Mathematicians have made lots of recent progress on a question called the Mordell conjecture, which was posed a century ago ...

Bicchieri, Cristina and Antonelli, Gian Aldo 1995. Game-theoretic axioms for local rationality and bounded knowledge. Journal of Logic, Language and Information, Vol ...

Besides positions in standing committees of IEEE, he has served in Board AdHocs on Guiding the IEEE Constitutional Amendment, on IEEE Humanitarian Efforts, on IEEE as Your Professional Home, and on ...

Ostapiuk, Aleksander 2022. Weakness of will. The limitations of revealed preference theory. Acta Oeconomica, Vol. 72, Issue. 1, p. 1. Goschke, Thomas and Job ...

Abortion opponents have argued Amendment 3 would legalize gender-affirming care for minors but legal experts the case doesn't ...

The third nuclear age has forced strategic thinkers to confront the dilemma of nuclear deterrence anew, this time in a ...