Actions versus prospects: the effect of problem representation on regret

Article Abstract:

Regret theory is not consistent with prospect-based theories of choice such as expected utility theory. Regret theory is based on the idea that the expectation of regret or rejoicing influences actions. The impact of problem representation on regret was studied by conducting two surveys in which subjects were asked to choose between a riskier lottery and a safer one. The research indicates that the validity of regret theory is overly dependent on a certain presentation format. Regret appears to occur only if the decision is presented in a manner that causes the decision maker to make comparisons.

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The effects of Ph.D. supply on minority faculty representation

Article Abstract:

The underrepresentation of minority faculty at postsecondary institutions inorder to increase the supply of minority Ph.D.'s is remarked. The various reasons for underrepresentation are furnished.

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Are two heads better than one? Team versus individual play in signaling games

Article Abstract:

A comparison of the performance of individuals and teams in strategic games is presented.

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