Robin Cubitt
Datos Biográficos
| ID | 5729472 |
|---|---|
| NOMBRE | Robin Cubitt |
| NOMBRES | Robin |
| APELLIDO | Cubitt |
| FIRMA | CUBITT R |
| AFILIACIONES | University of East Anglia |
| VERIFICADO | No |
| TOTAL DE OBRAS | 10 |
| TOTAL DE CITAS | 21 |
| TOTAL COMO AUTOR | 10 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1994 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2026 |
| ÍNDICE H | 3 |
Brief Commentary
We report an extensive, independent replication study (n=2,374) of the Mere Urgency Effect (MUE) (Zhu et al. 2018). The MUE is a surprising tendency for individuals to be lured into sub-optimal time allocation by the framing of a dominated option that makes it appear ‘urgent’. This effect arises even though the apparent urgency is illusory. We replicate the MUE in a base design closely following the procedures of Zhu et al. (2018) but with new pa…
Comparison‐specific preferences
In cross‐modal decisions, the options differ on many attributes, and in uni‐modal decisions, they differ on few. We supply new theory and data to understand how discounting for both delay and risk differs between cross‐modal and uni‐modal decisions. We propose the attentional dilution effect in decision making in which (a) allocation of limited attention to an attribute determines that attribute's decision weight and (b) the attention an attribut…
Testing Explanations of Preference Reversal
We present a new experimental investigation of preference reversal. Although economists and psychologists have suggested a variety of accounts for this phenomenon, the existing data do not adequately discriminate between them. Relative to previous studies, our design offers enhanced control for economic explanations and new tests of psychological hypotheses. We find a pattern of preference reversals that is inconsistent with all of the best‐known…
Utility of Gains and Losses
Minimum Wage Legislation, Investment and Human Capital
A two period, general equilibrium, model is analysed in which agents foresee how the second period outcome is determined by the investment decisions which they make in the first period. These decisions concern the acquisition of human and physical capital. The paper considers the impact of a minimum wage in the second period. It shows that, in equilibrium, this policy increases both types of investment. There is a range of values of the minimum w…
Dynamic Choice and the Common Ratio Effect
The common ratio effect is a well‐attested violation of expected utility theory. This paper uses four principles of dynamic choice to characterise alternative theoretical strategies for explaining the effect. It reports an experiment which tests these principles and, by implication, several well‐known accounts of the common ratio effect. Unlike previous work, the experimental design uses real financial incentives without presupposing any dynamic …
Stagflationary bias and the interaction of monetary policy and wages in a unionized economy
The Adaptive Decision Maker
Journal Article The Adaptive Decision Maker. Get access The Adaptive Decision Maker. By John W. Payne, James R. Bettman and Eric J. Johnson. (Cambridge and New York: Cambridge University Press, 1993. Pp. xiii + 330. £35.00 hardback, US $59.95 hardback, £14.95 paperback, US $19.95 paperback. ISBN 0 521 41505 5, 0 521 42526 3.)Paradigms and Conventions: Uncertainty, Decision Making, and Entrepreneur ship. By Choi (Young Back). (Ann Arbor: Universit…
Game Theory for Economists
Journal Article Game Theory for Economists Get access Game Theory for Economists. By Eichberger (Jurgen). (San Diego, New York and London: Academic Press, 1993. Pp. xix + 315. ISBN 0 12 233620 8.) Robin Cubitt Robin Cubitt University of East Anglia Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 104, Issue 426, 1 September 1994, Pages 1224–1226, https://doi.org/10.2307/2235094 Published: 01 Se…
Rationally Justifiable Play and the Theory of Non-Cooperative Games
The paper defines the concept of a justifiable strategy, that of a justification theory (which shows strategies to be justifiable) and that of a complete justification theory (which for every strategy shows whether it is justifiable or not). An impossibility result is proved, showing that there can be no complete justification theory which includes the assumptions of expected utility maximisation, common knowledge and caution
Testing Explanations of Preference Reversal
We present a new experimental investigation of preference reversal. Although economists and psychologists have suggested a variety of accounts for this phenomenon, the existing data do not adequately discriminate between them. Relative to previous studies, our design offers enhanced control for economic explanations and new tests of psychological hypotheses. We find a pattern of preference reversals that is inconsistent with all of the best‐known…
Dynamic Choice and the Common Ratio Effect
The common ratio effect is a well‐attested violation of expected utility theory. This paper uses four principles of dynamic choice to characterise alternative theoretical strategies for explaining the effect. It reports an experiment which tests these principles and, by implication, several well‐known accounts of the common ratio effect. Unlike previous work, the experimental design uses real financial incentives without presupposing any dynamic …
Game Theory for Economists
Journal Article Game Theory for Economists Get access Game Theory for Economists. By Eichberger (Jurgen). (San Diego, New York and London: Academic Press, 1993. Pp. xix + 315. ISBN 0 12 233620 8.) Robin Cubitt Robin Cubitt University of East Anglia Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 104, Issue 426, 1 September 1994, Pages 1224–1226, https://doi.org/10.2307/2235094 Published: 01 Se…
Comparison‐specific preferences
In cross‐modal decisions, the options differ on many attributes, and in uni‐modal decisions, they differ on few. We supply new theory and data to understand how discounting for both delay and risk differs between cross‐modal and uni‐modal decisions. We propose the attentional dilution effect in decision making in which (a) allocation of limited attention to an attribute determines that attribute's decision weight and (b) the attention an attribut…
Stagflationary bias and the interaction of monetary policy and wages in a unionized economy
Game Theory for Economists
Journal Article Game Theory for Economists Get access Game Theory for Economists. By Eichberger (Jurgen). (San Diego, New York and London: Academic Press, 1993. Pp. xix + 315. ISBN 0 12 233620 8.) Robin Cubitt Robin Cubitt University of East Anglia Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 104, Issue 426, 1 September 1994, Pages 1224–1226, https://doi.org/10.2307/2235094 Published: 01 Se…
Rationally Justifiable Play and the Theory of Non-Cooperative Games
The paper defines the concept of a justifiable strategy, that of a justification theory (which shows strategies to be justifiable) and that of a complete justification theory (which for every strategy shows whether it is justifiable or not). An impossibility result is proved, showing that there can be no complete justification theory which includes the assumptions of expected utility maximisation, common knowledge and caution
The Adaptive Decision Maker
Journal Article The Adaptive Decision Maker. Get access The Adaptive Decision Maker. By John W. Payne, James R. Bettman and Eric J. Johnson. (Cambridge and New York: Cambridge University Press, 1993. Pp. xiii + 330. £35.00 hardback, US $59.95 hardback, £14.95 paperback, US $19.95 paperback. ISBN 0 521 41505 5, 0 521 42526 3.)Paradigms and Conventions: Uncertainty, Decision Making, and Entrepreneur ship. By Choi (Young Back). (Ann Arbor: Universit…
Stagflationary bias and the interaction of monetary policy and wages in a unionized economy
Dynamic Choice and the Common Ratio Effect
The common ratio effect is a well‐attested violation of expected utility theory. This paper uses four principles of dynamic choice to characterise alternative theoretical strategies for explaining the effect. It reports an experiment which tests these principles and, by implication, several well‐known accounts of the common ratio effect. Unlike previous work, the experimental design uses real financial incentives without presupposing any dynamic …
Minimum Wage Legislation, Investment and Human Capital
A two period, general equilibrium, model is analysed in which agents foresee how the second period outcome is determined by the investment decisions which they make in the first period. These decisions concern the acquisition of human and physical capital. The paper considers the impact of a minimum wage in the second period. It shows that, in equilibrium, this policy increases both types of investment. There is a range of values of the minimum w…
Utility of Gains and Losses
Testing Explanations of Preference Reversal
We present a new experimental investigation of preference reversal. Although economists and psychologists have suggested a variety of accounts for this phenomenon, the existing data do not adequately discriminate between them. Relative to previous studies, our design offers enhanced control for economic explanations and new tests of psychological hypotheses. We find a pattern of preference reversals that is inconsistent with all of the best‐known…
Comparison‐specific preferences
In cross‐modal decisions, the options differ on many attributes, and in uni‐modal decisions, they differ on few. We supply new theory and data to understand how discounting for both delay and risk differs between cross‐modal and uni‐modal decisions. We propose the attentional dilution effect in decision making in which (a) allocation of limited attention to an attribute determines that attribute's decision weight and (b) the attention an attribut…
Brief Commentary
We report an extensive, independent replication study (n=2,374) of the Mere Urgency Effect (MUE) (Zhu et al. 2018). The MUE is a surprising tendency for individuals to be lured into sub-optimal time allocation by the framing of a dominated option that makes it appear ‘urgent’. This effect arises even though the apparent urgency is illusory. We replicate the MUE in a base design closely following the procedures of Zhu et al. (2018) but with new pa…
Economics (8 obras) · Economic theories and models (4 obras) · Mathematical economics (4 obras) · Computer Science (3 obras) · Decision-Making and Behavioral Economics (3 obras) · Econometrics (3 obras) · Economic and Environmental Valuation (3 obras) · Microeconomics (3 obras) · Game theory (2 obras) · Mathematics (2 obras)