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Asian Disease-type of Framing of Outcomes as an Historical Curiosity

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  • Dorian Jullien

    (University of Nice Sophia Antipolis
    GREDEG CNRS)

Abstract

This paper discusses the ways by which a certain type of behavioral deviation from expected utility theory has been handled by psychologists and economists. With respect to the historical background of decision theory in economics, it is argued that there are good reasons for more theoretical developments from this behavioral deviation.

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File URL: http://www.gredeg.cnrs.fr/working-papers/GREDEG-WP-2013-47.pdf
File Function: First version, 2013
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Bibliographic Info

Paper provided by Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis in its series GREDEG Working Papers with number 2013-47.

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Length: 46 pages
Date of creation: Dec 2013
Date of revision:
Handle: RePEc:gre:wpaper:2013-47

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Keywords: behavioral economics; psychology; decision theory; microeconomics; rationality;

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References

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