2 papers
econ.TH2024
How to Make an Action Attractive
Marilyn Pease, Mark Whitmeyer
A policymaker often wants to steer a decision-maker toward one of two actions, but lacks reliable knowledge of how the decision-maker perceives uncertainty or evaluates risk. We fo…
econ.TH2023
Playing it Safe: Actions Attractive to the Risk Averse
Marilyn Pease, Mark Whitmeyer
We introduce a way to compare actions in decision problems. One action is safer than another if the set of beliefs at which the decision-maker prefers the safer action expands as t…