* 6 Results enter search term Search Reset filter Suchfilter Content Type Publications (6) Publication Type Working Paper (3) Journal Article (2) Research Global Cooperation and Social Cohesion (5) Neurobiological Foundations of Decision Making under Uncertainty (5) International Macroeconomics (1) Macroeconomic Research (1) Experts Ulrich Schmidt (6) Michael H. Birnbaum (4) Christian Seidl (2) Miriam D. Schneider (2) Date Last Month Last Year Select Period start date to end date Sort by Relevance Date Aktive Filter Tags: coalescing Remove all filters Working Paper Allais Paradoxes Can be Reversed by Presenting Choices in Canonical Split Form 01.03.2010 This paper tests Birnbaum’s (2004) theory that the constant consequence paradoxes of Allais are due to violations of coalescing, the assumption that when two branches lead to the same consequence, they can be combined by adding their probabilities. ... Publication The Impact of Learning by Thought on Violations of Independence and Coalescing 01.10.2015 The present paper reports a repeated experiment on decision making under risk where subjects have to tackle the same choice problems in several rounds. We investigate how behavior changes in the course of the experiment. The design focuses on choice... Working Paper Testing Independence Conditions in the Presence of Errors and Splitting Effects 01.03.2010 This paper presents an experimental test of several independence conditions implied by expected utility and alternative models. We perform a repeated choice experiment and fit an error model that allows us to discriminate between true violations of... Journal Article Reconsidering the common ratio effect: The roles of compound independence, reduction, and coalescing 11.10.2014 Common ratio effects should be ruled out if subjects' preferences satisfy compound independence, reduction of compound lotteries, and coalescing. In other words, at least one of these axioms should be violated in order to generate a common ratio... Working Paper Reconsidering the common ratio effect: The roles of compound independence, reduction, and coalescing 01.06.2014 Common ratio effects should be ruled out if subjects' preferences satisfy compound independence, reduction of compound lotteries, and coalescing. In other words, at least one of these axioms should be violated in order to generate a common ratio... Journal Article Testing Independence Conditions in the Presence of Errors and Splitting Effects 01.02.2017 This paper presents an experimental test of several independence conditions implied by expected utility and alternative models. We perform a repeated choice experiment and fit an error model that allows us to discriminate between true violations of...
Working Paper Allais Paradoxes Can be Reversed by Presenting Choices in Canonical Split Form 01.03.2010 This paper tests Birnbaum’s (2004) theory that the constant consequence paradoxes of Allais are due to violations of coalescing, the assumption that when two branches lead to the same consequence, they can be combined by adding their probabilities. ...
Publication The Impact of Learning by Thought on Violations of Independence and Coalescing 01.10.2015 The present paper reports a repeated experiment on decision making under risk where subjects have to tackle the same choice problems in several rounds. We investigate how behavior changes in the course of the experiment. The design focuses on choice...
Working Paper Testing Independence Conditions in the Presence of Errors and Splitting Effects 01.03.2010 This paper presents an experimental test of several independence conditions implied by expected utility and alternative models. We perform a repeated choice experiment and fit an error model that allows us to discriminate between true violations of...
Journal Article Reconsidering the common ratio effect: The roles of compound independence, reduction, and coalescing 11.10.2014 Common ratio effects should be ruled out if subjects' preferences satisfy compound independence, reduction of compound lotteries, and coalescing. In other words, at least one of these axioms should be violated in order to generate a common ratio...
Working Paper Reconsidering the common ratio effect: The roles of compound independence, reduction, and coalescing 01.06.2014 Common ratio effects should be ruled out if subjects' preferences satisfy compound independence, reduction of compound lotteries, and coalescing. In other words, at least one of these axioms should be violated in order to generate a common ratio...
Journal Article Testing Independence Conditions in the Presence of Errors and Splitting Effects 01.02.2017 This paper presents an experimental test of several independence conditions implied by expected utility and alternative models. We perform a repeated choice experiment and fit an error model that allows us to discriminate between true violations of...