Are Revealed Intentions Possible?
AbstractThis paper asks whether it is possible to design an Intentions Revealing Experiment – that is, an experiment in which the early moves of the decision maker in a dynamic decision problem reveal the intentions of that decision maker regarding later moves in the decision problem. If such a type of experiment is possible, then it will enable economists to test whether individuals have plans and implement them – a basic assumption of all economic theories of dynamic decision making. Unfortunately the main finding of the paper is in the form of two Impossibility Theorems which show that, unless one is prepared to make certain assumptions, such an Intentions Revealing Experiment is impossible. However, the paper does have a positive side – it describes the type of assumptions that one needs to make in order to make an Intentions Revealing Experiment possible.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Alexandru Ioan Cuza University, Faculty of Economics and Business Administration in its journal Review of Economic and Business Studies.
Volume (Year): (2010)
Issue (Month): 5 (June)
crisis; Romania; strategy; inversion;
Find related papers by JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D90 - Microeconomics - - Intertemporal Choice - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sireteanu Napoleon-Alexandru).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.