200907Rationalization in Decision MakingCherepanovVadim July 2009 |
Rationalization in Decision Making200907CherepanovVadim Rationalization in Decision Making
Our inability to rationalize can constrain our ability to pick a favored option. Timothy Feddersen shows how rationalization impacts choices and can help economists understand why people make decisions that violate standard economic theories. |
CherepanovVadim200907Rationalization in Decision Making Vadim Cherepanov
Timothy Feddersen Alvaro Sandroni |
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200704Majority RulesAusten-SmithDavid April 2007 |
Majority Rules200704Austen-SmithDavid Majority Rules
Incentives to share or suppress information arise in a range of small-group deliberations, from one-on-one conversations to corporate committees, juries and Congressional hearings. The factors behind the half-truths, truth modifications and cheap talk are the focus of the Earl Dean Howard Distinguished Professor of Political Economy's current research. |
Austen-SmithDavid200704Majority Rules David Austen-Smith
Timothy Feddersen |
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200704Judging the Jury VoteFeddersenTimothy April 2007 |
Judging the Jury Vote200704FeddersenTimothy Judging the Jury Vote
The Sixth Amendment to the Bill of Rights states that in criminal court cases defendants shall enjoy the right to trial by an "impartial jury of the State." Today, the unanimous vote helps courts to abide by American ideals. Clearly, if any juror has a doubt about a defendant’s guilt, the unanimity rule will protect the subject from wrongful punishment, right? Maybe not. |
FeddersenTimothy200704Judging the Jury Vote Timothy Feddersen
Wolfgang Pesendorfer |
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