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Costly optimization: an experiment

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  • Pingle, Mark

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  • Pingle, Mark, 1992. "Costly optimization: an experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 17(1), pages 3-30, January.
  • Handle: RePEc:eee:jeborg:v:17:y:1992:i:1:p:3-30
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    Citations

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    Cited by:

    1. Eirik G. Furubotn, 2014. "Entrepreneurial Judgment, Decision Procedure and the Inevitable Emergence of the Non-optimizing Firm in a Capitalist Economy," Metroeconomica, Wiley Blackwell, vol. 65(4), pages 548-570, November.
    2. Furubotn, Eirik G., 2001. "The new institutional economics and the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 45(2), pages 133-153, June.
    3. Shy, Oz, 2008. "Measuring the cost of making payment decisions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(6), pages 2411-2416, December.
    4. Siegfried Berninghaus & Stephan Schosser & Bodo Vogt, 2011. "Complexity of Networking - An Experimental Study of the Network Hawk Dove Game," FEMM Working Papers 110024, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    5. Pingle, Mark, 1995. "Imitation versus rationality: An experimental perspective on decision making," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 24(2), pages 281-315.
    6. Geoffrey M. Hodgson, 2000. "La ubicuidad de los hábitos y las reglas," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 2(3), pages 11-43, July-dece.
    7. Pingle, Mark, 2000. "The effect of decision costs on the formation of market-making intermediaries: a pilot experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 41(1), pages 3-26, January.
    8. Brown, Paul M., 1998. "Experimental evidence on the importance of competing for profits on forecasting accuracy," Journal of Economic Behavior & Organization, Elsevier, vol. 33(2), pages 259-269, January.
    9. Rotheli, Tobias F., 2001. "Acquisition of costly information: an experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 46(2), pages 193-208, October.
    10. Hayakawa, Hiroaki, 2000. "Bounded rationality, social and cultural norms, and interdependence via reference groups," Journal of Economic Behavior & Organization, Elsevier, vol. 43(1), pages 1-34, September.
    11. Slonim, Robert L., 1999. "Learning rules of thumb or learning more rational rules," Journal of Economic Behavior & Organization, Elsevier, vol. 38(2), pages 217-236, February.
    12. Eirik Furubotn, 1999. "Economic Efficiency in a World of Frictions," European Journal of Law and Economics, Springer, vol. 8(3), pages 179-197, November.
    13. repec:ksp:journ3:v:4:y:2017:i:1:p:1-40 is not listed on IDEAS
    14. Goecke, Henry & Luhan, Wolfgang J. & Roos, Michael W.M., 2013. "Rational inattentiveness in a forecasting experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 80-89.
    15. Pingle, Mark, 1997. "Submitting to authority: Its effect on decision-making," Journal of Economic Psychology, Elsevier, vol. 18(1), pages 45-68, February.
    16. Pingle, Mark & Day, Richard H., 1996. "Modes of economizing behavior: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 191-209, March.
    17. Tanga McDaniel & E. Rutström, 2001. "Decision Making Costs and Problem Solving Performance," Experimental Economics, Springer;Economic Science Association, vol. 4(2), pages 145-161, October.
    18. Carlin, Paul S., 1996. "Can the maximization principle be discarded? A comment," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 351-353, March.
    19. Kelly, Frank S., 1995. "Laboratory subjects as multiproduct monopoly firms: An experimental investigation," Journal of Economic Behavior & Organization, Elsevier, vol. 27(3), pages 401-420, August.
    20. Conlisk, John, 1996. "Bounded rationality and market fluctuations," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 233-250, March.
    21. John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
    22. Timothy P. Roth, 2014. "Economists and the State," Books, Edward Elgar Publishing, number 15078.
    23. repec:eee:glofin:v:35:y:2018:i:c:p:170-176 is not listed on IDEAS
    24. Beckman, Steven R. & Downs, David, 1997. "Forecasters as imperfect information processors: Experimental and survey evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 32(1), pages 89-100, January.

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