Regret Theory: Looking Back, Looking Forward

December 21, 2015

In 1982, the Economic Journal published a paper by Graham Loomes and Robert Sugden proposing an alternative theory of rational choice under uncertainty called regret theory.  A special anniversary session discussed the history of the theory, its success relative to other approaches, its applications and empirical evidence.  In this video clip NIBS Co-Investigator, Robert Sugden, …