skip to main content
US FlagAn official website of the United States government
dot gov icon
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
https lock icon
Secure .gov websites use HTTPS
A lock ( lock ) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.


Title: Decisions Under Risk are Decisions Under Complexity
This paper is forthcoming at the American Economic Review.  more » « less
Award ID(s):
1949366
PAR ID:
10554566
Author(s) / Creator(s):
Publisher / Repository:
American Economic Review
Date Published:
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
More Like this
  1. null (Ed.)
  2. Design decision-making under competition is a critical challenge in real-world engineering design. These challenges are compounded by bounded rationality, where cognitive limitations and imperfect information influence decision-making strategies. To address these issues, we develop a game-theoretic research platform to investigate team-based design under competition. This platform abstracts and simulates real-world competitive design scenarios through controlled experiments. It features a user-friendly interface to collect behavioral data, which supports the analysis of team and individual strategies. Additionally, we validated the platform through a pilot study, demonstrating its ability to capture realistic design features and generate meaningful insights into competitive design behaviors. 
    more » « less