Abstract
Most empirical investigations of economic behaviour under uncertainty take one of two forms: the majority are conventional econometric investigations, using aggregate or semi-aggregate real-life data, into the validity of the predictions of Subjective Expected Utility (SEU) theory; a (growing) minority are laboratory-type experiments (or questionnaires) investigating the validity of the axioms of SEU theory, or of alternative theories of economic behaviour under uncertainty.
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References
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© 1988 D. Reidel Publishing Company, Dordrecht, Holland
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Hey, J.D. (1988). Experimental Investigations into Economic Behaviour under Uncertainty. In: Munier, B.R. (eds) Risk, Decision and Rationality. Theory and Decision Library, vol 9. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4019-2_10
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DOI: https://doi.org/10.1007/978-94-009-4019-2_10
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-8283-9
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