Abstract
We report on an experiment which enables us to infer how far people plan ahead when taking decisions in a dynamic risky context. Just over half of the subjects plan fully, while the rest do not plan ahead at all. (c) 2006 Elsevier B.V. All rights reserved.
Original language | English |
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Pages (from-to) | 8-13 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 96 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jul 2007 |
Keywords
- planning
- dominance
- myopia
- naivety
- sophistication