Actions versus prospects: the effect of problem representation on regret

Article Abstract:

Regret theory is not consistent with prospect-based theories of choice such as expected utility theory. Regret theory is based on the idea that the expectation of regret or rejoicing influences actions. The impact of problem representation on regret was studied by conducting two surveys in which subjects were asked to choose between a riskier lottery and a safer one. The research indicates that the validity of regret theory is overly dependent on a certain presentation format. Regret appears to occur only if the decision is presented in a manner that causes the decision maker to make comparisons.

Research, Decision-making, Decision making, Economic aspects, Rational expectations (Economics), Axiom of choice

---

The effects of Ph.D. supply on minority faculty representation

Article Abstract:

The underrepresentation of minority faculty at postsecondary institutions inorder to increase the supply of minority Ph.D.'s is remarked. The various reasons for underrepresentation are furnished.

Market information - general, Supply and demand, Minorities, Minority college teachers, Minority college faculty, Educational aspects

---

Are two heads better than one? Team versus individual play in signaling games

Article Abstract:

A comparison of the performance of individuals and teams in strategic games is presented.

Analysis, Evaluation, Work groups, Teamwork (Workplace), Games of strategy (Mathematics)

Similar abstracts:

• Abstracts: Money and interest rates: the effects of temporal aggregation and data revisions. Explaining the term structure of interest rates: a panel data approach
• Abstracts: Generalized bankruptcy models applied to predicting consumer credit behavior. A generalization of the beta distribution with applications
• Abstracts: Saudi insurance market: possible reorganization. Moving into the digital future: the Saudi market for data communications equipment

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.