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Rational overoptimism (and other biases)

Article Abstract:

The behavior of rational agents in choosing an action to succeed based on overestimation rather than underestimation is studied. Such agents tend to attribute their failure to exogenous factors and success to their choice.

Author: Steen, Eric Van Den
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
Behavior, Agent (Philosophy), Optimism

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Choice shifts in groups: a decision-theoretic basis

Article Abstract:

A study examines whether group decisions reflect the individual decisions of members in the group. Risky economic decisions are considered in the study.

Author: Ray, Debraj, Eliaz, Kafir, Razin, Ronny
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
Economic aspects, Decision-making, Group, Group decision making

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Mood driven behavior in strategic interactions

Article Abstract:

The influence of moods on behavior and content of cognition, process of cognition, decision making and perception is discussed.

Author: Capra, C. Monica
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
Behavior Theory, Human behavior, Mood (Psychology), Human acts, Human behaviour

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Subjects list: Decision-making, Decision making, United States, Analysis
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