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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
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
2009-04-20 12:27:14
date last changed
2017-01-01 06:58:45
@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},
  keyword      = {Transparency,Refutability,Ellsberg paradox,Suspicion,Uncertainty aversion},
  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},
  volume       = {37},
  year         = {1998},
}