Order:
  1. Competition Over Agents with Boundedly Rational Expectations.Ran Spiegler - unknown
    I study a market model in which profit-maximizing firms compete in multidimensional pricing strategies over a consumer, who is limited in his ability to grasp such complicated objects and therefore uses a sampling procedure to evaluate them. Firms respond to increased competition with an increased effort to obfuscate, rather than with more competitive pricing. As a result, consumer welfare is not enhanced and may even deteriorate. Specifically, when firms control both the price and the quality of each dimension, and there (...)
    Translate
     
     
    Export citation  
     
    Bookmark   4 citations  
  2.  44
    Comments on the Potential Significance of Neuroeconomics for Economic Theory.Ran Spiegler - 2008 - Economics and Philosophy 24 (3):515-521.
    In this short note I speculate about the various ways in which the study of neurological aspects of decision making could be fruitful for economic modelling.
    Direct download (8 more)  
     
    Export citation  
     
    Bookmark   3 citations  
  3.  65
    Inferring a Linear Ordering Over a Power Set.Ran Spiegler - 2001 - Theory and Decision 51 (1):31-49.
    An observer attempts to infer the unobserved ranking of two ideal objects, A and B, from observed rankings in which these objects are `accompanied' by `noise' components, C and D. In the first ranking, A is accompanied by C and B is accompanied by D, while in the second ranking, A is accompanied by D and B is accompanied by C. In both rankings, noisy-A is ranked above noisy-B. The observer infers that ideal-A is ranked above ideal-B. This commonly used (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark  
  4.  23
    ‘But Can't We Get the Same Thing with a Standard Model?’ Rationalizing Bounded-Rationality Models.Ran Spiegler - 2011 - Economics and Philosophy 27 (1):23-43.
    This paper discusses a common criticism of economic models that depart from the standard rational-choice paradigm - namely, that the phenomena addressed by such models can be???rationalized??? by some standard model. I criticize this criterion for evaluating bounded-rationality models. Using a market model with boundedly rational consumers due to Spiegler as a test case, I show that even when it initially appears that a bounded-rationality model can be rationalized by a standard model, rationalizing models tend to come with unwarranted???extra baggage???. (...)
    Direct download (10 more)  
     
    Export citation  
     
    Bookmark  
  5.  29
    The Ariel Rubinstein Seminar Comment Generator.Ran Spiegler - unknown
    In this short article I proudly present ARSECOG: The Ariel Rubinstein Seminar Comment Generator. This is an AI program in the style of ELIZA. However, instead of simulating a psychotherapist, it simulates the eminent economist Ariel Rubinstein. Prof. Rubinstein is renowned for his insightful and penetrating comments during research seminars. I am sure many of us, who envy his capabilities in this department, would find a program such as ARSECOG quite useful.
    No categories
    Direct download  
    Translate
     
     
    Export citation  
     
    Bookmark  
  6.  24
    Festschrift.Michael Richter & Ran Spiegler - unknown
    Foreword by Julian Assange............................................................................................. .. 4 Introduction........................................................................................ ................................. 5 Correspondence with Academic Journals........................................................................... 6..
    No categories
    Direct download  
    Translate
     
     
    Export citation  
     
    Bookmark