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- W1509618912 abstract "This essay illustrates that is if Leonard J. Savage's (1972) small world assumption is relaxed, one can construct a theory of bounded rationality that incorporates some of the insights from recent work in cognitive psychology. The theory can be used to explain why contracts are incomplete and the existence of endowment effects in exchange." @default.
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- W1509618912 date "1996-11-01" @default.
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- W1509618912 title "Decision, Contract, and Emotion: Some Economics for a Complex and Confusing World" @default.
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- W1509618912 doi "https://doi.org/10.2307/136215" @default.
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