Are bygones bygones?

The paper reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice problem is independent of history and of unreachable eventualities. Although this is a standard principle of decision theory, it can be questioned on grounds suggested by non-expected u...

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Bibliographic details
Main Author: Cubitt, Robin
Starmer, Chris
Ruiz-Martos, Maria Jose
Format: Paper
Language: English
Place of publication: 01.11.2005
Related: The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham
Data of publication: 2005/11
Series: Discussion Papers
Online Access: available in Bonn?
Database: RePEc IDEAS
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