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When humans are offered the choice between rewards available at different points in time, the relative values of the options are… Expand We discuss the cognitive and the psy- chophysical determinants of choice in risky and risk- less contexts. The psychophysics of… Expand Governments often promote inward foreign investment to encourage technology 'spillovers' from foreign to domestic firms. Using… Expand This paper examines how recent econometric policy evaluation research on monetary policy rules can be applied in a practical… Expand BACKGROUND
As part of an interdisciplinary study of medical injury and malpractice litigation, we estimated the incidence of… Expand The course to be followed by a motorist having a preselected destination is indicated by a plurality of markers set in the center… Expand The psychological principles that govern the perception of decision problems and the evaluation of probabilities and outcomes… Expand Many of the complex problems faced by decision makers involve multiple conflicting objectives. This book describes how a confused… Expand This paper provides a simple example of an economy in which equilibrium prices and quantities exhibit what may be the central… Expand