| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072097 | Games and Economic Behavior | 2012 | 14 Pages |
Abstract
⺠We experimentally test consequentialism versus dynamic consistency. ⺠The design is a dynamic extension of the 3-color Ellsberg urn. ⺠More subjects violate dynamic consistency than consequentialism. ⺠Violating subjects (for both axioms) are less confident in their responses.
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Authors
Adam Dominiak, Peter Duersch, Jean-Philippe Lefort,