An Allais paradox without mental time travel

Allais paradox pdf

Learning in the Allais paradox

Whereas both the Allais paradox, the first empirical challenge of the classical rationality assumptions, and learning have been the focus of many experimental investigations, no experimental study exists today into learning in the pure context of the Allais paradox. This paper presents such a study. We find that choices converge to expected utility maximization if subjects are given the opportu...

RAPID COMMUNICATION Future Decision-Making Without Episodic Mental Time Travel

Deficits in episodic memory are associated with deficits in the ability to imagine future experiences (i.e., mental time travel). We show that K.C., a person with episodic amnesia and an inability to imagine future experiences, nonetheless systematically discounts the value of future rewards, and his discounting is within the range of controls in terms of both rate and consistency. Because K.C....

Future decision-making without episodic mental time travel.

Deficits in episodic memory are associated with deficits in the ability to imagine future experiences (i.e., mental time travel). We show that K.C., a person with episodic amnesia and an inability to imagine future experiences, nonetheless systematically discounts the value of future rewards, and his discounting is within the range of controls in terms of both rate and consistency. Because K.C....

Complex Mental Time Travel

This article argues that investigating the conceptual structure underlying the use of the pluperfect and the future perfect reveals a new complex type of nested dual mental time travel: mental time travel into posteriority embedded into mental time travel into “anteriority in the past” (underlying the pluperfect) versus mental time travel into posteriority embedded into mental time travel into ...