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Transparency preference and economic behavior

Publiceringsår: 1998
Språk: Engelska
Sidor: 349-56
Publikation/Tidskrift/Serie: Journal of Economic Behavior and Organization
Volym: 37
Nummer: 3
Dokumenttyp: Artikel
Förlag: Esevier


It is shown that decision makers guided by Popperian epistemology will have a preference for transparency, even in situations where standard economic theory provides no rationale for such a preference. This provides a Popperian resolution of the Ellsberg paradox, and a rationale for suspicion in experiments as well as in economic life.



  • Business and Economics
  • Transparency
  • Refutability
  • Ellsberg paradox
  • Suspicion
  • Uncertainty aversion


  • ISSN: 0167-2681

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