List of Tables

1.1

Decision-making in the standard model

5.1

Phenomena inconsistent with EUT

5.2

The Allais paradox

5.3

Same payoffs but different probabilities of winning

5.4

The Ellsberg paradox

5.5

Empirical results related to weighting function

5.6

Combination and cancellation

5.7

Violations of the combination principle

7.1

Empirical estimates of discount rates

8.1

Rational consumers (exponential discounters}

8.2

Naïve consumers

9.1

Prisoner’s dilemma

9.2

Dominant strategy equilibrium

9.3

Iterated dominant strategy equilibrium

9.4

Game with no dominant strategy

9.5

Battle of the sexes

9.6

Game with no Nash equilibrium in pure strategies

9.7

Mixed strategy equilibrium

9.8

Iterated dominance game

9.9

Stag hunt game

9.10

Information requirements for different learning theories

9.11

Receiver’s success rates

9.12

Payoffs in a two-player game

10.1

Prisoner’s dilemma

10.2

Structure of payoffs in prisoner’s dilemma

10.3

Prisoner’s dilemma – monetary payoffs

10.4

Prisoner’s dilemma – social utilities

10.5

Pareto efficiency and risk dominance

10.6   

Effort costs for salesperson