Transparency preference and economic behavior
(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.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/1384728
- author
- Andersson, Fredrik LU and Holm, Jerker LU
- organization
- publishing date
- 1998
- 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
- 2024-01-11 03:34:53
@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}}, keywords = {{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}}, doi = {{10.1016/S0167-2681(98)00087-0}}, volume = {{37}}, year = {{1998}}, }