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Transparency preference and economic behavior

Andersson, Fredrik LU and Holm, Jerker LU (1998) In Journal of Economic Behavior and Organization 37(3). p.56-349
Abstract
It is shown that decision makers guided by Popperian epistemology will have a preference for transparency, even in situations where standard economic theory provides no rationale for such a preference. This provides a Popperian resolution of the Ellsberg paradox, and a rationale for suspicion in experiments as well as in economic life.
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author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Transparency, Refutability, Ellsberg paradox, Suspicion, Uncertainty aversion
in
Journal of Economic Behavior and Organization
volume
37
issue
3
pages
56 - 349
publisher
Elsevier
external identifiers
  • scopus:0004867352
ISSN
0167-2681
DOI
10.1016/S0167-2681(98)00087-0
language
English
LU publication?
yes
id
75837b98-9432-4da8-915e-a471f1ce7889 (old id 1384728)
date added to LUP
2016-04-01 16:12:17
date last changed
2020-12-08 04:55:59
@article{75837b98-9432-4da8-915e-a471f1ce7889,
  abstract     = {It is shown that decision makers guided by Popperian epistemology will have a preference for transparency, even in situations where standard economic theory provides no rationale for such a preference. This provides a Popperian resolution of the Ellsberg paradox, and a rationale for suspicion in experiments as well as in economic life.},
  author       = {Andersson, Fredrik and Holm, Jerker},
  issn         = {0167-2681},
  language     = {eng},
  number       = {3},
  pages        = {56--349},
  publisher    = {Elsevier},
  series       = {Journal of Economic Behavior and Organization},
  title        = {Transparency preference and economic behavior},
  url          = {http://dx.doi.org/10.1016/S0167-2681(98)00087-0},
  doi          = {10.1016/S0167-2681(98)00087-0},
  volume       = {37},
  year         = {1998},
}