منابع مشابه
Second-best Probability Weighting∗
Non-linear probability weighting is an integral part of descriptive theories of choice under risk such as prospect theory. But why do these objective errors in information processing exist? Should we try to help individuals overcome their mistake of overweighting small and underweighting large probabilities? In this paper, we argue that probability weighting can be seen as a compensation for pr...
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In the economic and political science literature on constitutional choice and constitutional design, David Hume is almost invariably associated with a master principle of design that is congenial to rationalactor approaches. I shall call this the knavery principle. As Hume put it, "in contriving any system of government, and fixing the several checks and controuls of the constitution, every man...
متن کاملRandom transfers in second best
Random taxation may be optimal when the tax payers differ in their attitudes towards risk, so that tax randomization enables the government to separate agents who otherwise would have been pooled. The paper provides conditions under which randomization is optimal, both characterizing circumstances where local random deviations are improving in a neighborhood of a non random optimum, and giving ...
متن کاملIndirect Evidence in Denotation & Discourse: At Best Second-Best∗
This paper develops a threshold-based semantics for the Turkish indirect evidential marker, then shows that this marker’s behavior in interrogatives, so-called interrogative flip, follows from the structure of discourse as formulated by models that incorporate speaker commitment. I first establish that the indirect evidential marks information for which a speaker’s evidence is at best second-be...
متن کاملActive surveillance or radical prostatectomy? Which treatment is best?
OBJECTIVE We evaluated the patients who are candidates for active surveillance and treated with radical prostatectomy. These patients were compared with other patients who had not met the criteria of active surveillance. METHODS In total, 135 patients were included in the study. The patients were divided into two groups. The patients in Group 1 had less than three positive cores, Gleason 6 (3...
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ژورنال
عنوان ژورنال: BMJ
سال: 1980
ISSN: 0959-8138,1468-5833
DOI: 10.1136/bmj.280.6216.790-b