Browsing by Subject "Preference reversal"

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  • Slovic, Paul (1995)
    One of the main themes that has emerged from behavioral decision research during the past two decades is the view that people's preferences are often constructed--not merely revealed--in the process of elicitation. This ...
  • Irwin, Julie; Slovic, Paul; Lichtenstein, Sarah; McClelland, Gary H. (1993)
    Numerous studies have demonstrated that theoretically equivalent measures of preference, such as choices and prices, can lead to systematically different preference orderings, known as preference reversals. Two major causes ...
  • Chuanchaiyakul, Tanainan
    Generally, people make decisions based on available information. We tend to think that our decisions are originally from our own deliberation. However, these decisions can be influenced by choices presented to us. A previous ...
  • Harbaugh, William; Krause, Kate; Vesterlund, Lise (University of Oregon, Dept. of Economics, 2002-07-20)
    The most distinctive prediction of prospect theory is the fourfold pattern (FFP) of risk attitudes. People are said to be (1) risk-seeking over low-probability gains, (2) risk-averse over low-probability losses, (3) ...

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