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  • Cognition in Seemingly Riskless Choices and Judgments 

    Levy-Garboua, Louis; Montmarquette, Claude (Université de Montréal. Département de sciences économiques., 1996)
    We instillate rational cognition and learning in seemingly riskless choices and judgments. Preferences and possibilities are given in a stochastic sense and based on revisable expectations. the theory predicts experimental preference reversals and ...