Aïleen Lotz
Graduate Institute of International and Development Studies
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Publication
Featured researches published by Aïleen Lotz.
MPRA Paper | 2012
Aïleen Lotz; Pierre Gosselin
This paper advocates that some limits of the rational agent hypothesis result from the improper assumption that one individual should be modeled as a single rational agent. We model an individual composed of two autonomous and interacting structures, conscious and unconscious. Each agent utility form depends both on external signals and other structures actions. The perception of the signal depends on its recipient and its grid of interpretation. We study both the static and dynamic version of this interaction mechanism. We show that the dynamics may display instability, depending on the structures interactionsstrength. However, if unconscious has a strategic advantage, greater stability is reached. By manipulating other structures�goals, the strategic agent can lead the whole system to an equilibrium closer to its own optimum. This result shows that some switch in the conscious�objective can appear. Behaviors that cant be explained with a single utility can thus be rational if we add a rational unconscious agent. Our results justify our hypothesis of a rational interacting unconscious. It supports the widening of the notion of rationality to multi-rationnality in interaction.
NBER Chapters | 2007
Pierre Gosselin; Aïleen Lotz; Charles Wyplosz
International Journal of Central Banking | 2008
Pierre Gosselin; Aïleen Lotz; Charles Wyplosz
Post-Print | 2008
Pierre Gosselin; Aïleen Lotz; Charles Wyplosz
Archive | 2008
Pierre Gosselin; Aïleen Lotz; Charles Wyplosz
arxiv:econ.GN | 2018
Aïleen Lotz; Pierre Gosselin; Marc Wambst
Journal of Economic Interaction and Coordination | 2018
Pierre Gosselin; Aïleen Lotz; Marc Wambst
Journal of Economic Interaction and Coordination | 2018
Pierre Gosselin; Aïleen Lotz; Marc Wambst
MPRA Paper | 2017
Pierre Gosselin; Aïleen Lotz; Marc Wambst
MPRA Paper | 2016
Pierre Gosselin; Aïleen Lotz; Marc Wambst
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Graduate Institute of International and Development Studies
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