Results 1 to 10 of about 4,134 (233)

Aumann and Serrano’s economic index of risk for sums of gambles

open access: yesCogent Economics and Finance, 2014
We study Aumann and Serrano’s (2008) risk index for sums of gambles that are not dependent. If the dependent parts are similarly ordered, then the risk index of the sum is always larger than the minimum of the risk indices of the two gambles.
Steve Cook, Minqiang Li
exaly   +2 more sources

Are medical treatments for individuals and groups like single-play and multiple-play gambles? [PDF]

open access: yesJudgment and Decision Making, 2006
People are often more likely to accept risky monetary gambles with positive expected values when the gambles will be played more than once. We investigated whether this distinction between single-play and multiple-play gambles extends to medical ...
Michael L. DeKay   +4 more
doaj   +3 more sources

To trade or not to trade: The moderating role of vividness when exchanging gambles [PDF]

open access: yesJudgment and Decision Making, 2011
Individuals are generally reluctant to trade goods---a phenomenon identified as the endowment effect. This paper focuses on consumers' puzzling reluctance to exchange gambles, and in particular lottery tickets with identical distribution (i.e., same odds
Michal Maimaran
doaj   +3 more sources

Response mode, compatibility, and dual-processes in the evaluation of simple gambles: An eye-tracking investigation [PDF]

open access: yesJudgment and Decision Making, 2012
We employed simple gambles to investigate information processing in relation to the compatibility effect. Subjects should be more likely to engage in a deliberative thinking strategy when completing a pricing task rather than a rating task.
Enrico Rubaltelli   +2 more
doaj   +2 more sources

The affective impact of financial skewness on neural activity and choice. [PDF]

open access: yesPLoS ONE, 2011
Few finance theories consider the influence of "skewness" (or large and asymmetric but unlikely outcomes) on financial choice. We investigated the impact of skewed gambles on subjects' neural activity, self-reported affective responses, and subsequent ...
Charlene C Wu   +2 more
doaj   +1 more source

When the Counterpart Chooses the Opposite: The First Mover’s Anticipation and Evaluation of the Final Feedback in Gambles

open access: yesFrontiers in Neuroscience, 2022
This research examines the effect of response (in)consistency on the first mover’s anticipation and evaluation of the performance feedback in gambles. In a two-player gambling task, the participant played as the first mover while the confederate served ...
Jiehui Zheng   +5 more
doaj   +1 more source

Gambling among employees in Swedish workplaces: A cross-sectional study

open access: yesEnvironmental and Occupational Health Practice, 2023
Objectives: Responsible workplaces strive to minimize the harmful effects of alcohol and drug abuse. However, gambling is still a neglected area in workplace research.
Jonas Rafi   +2 more
doaj   +1 more source

Dominance and transitivity

open access: yesJudgment and Decision Making, 2023
This article describes a study of transitivity of preference and of transparent dominance with 220 participants who judged each choice problem 4 times. It shows how a true-and-error model with 2 error terms per choice problem can be applied to replicated
Michael H. Birnbaum
doaj   +1 more source

Is broad bracketing always better? How broad decision framing leads to more optimal preferences over repeated gambles [PDF]

open access: yesJudgment and Decision Making, 2017
The effect of choice bracketing — the consideration of repeated decisions as a set versus in isolation — has important implications for products that are inherently time-sensitive and entail varying levels of risk, including retirement accounts ...
Elizabeth C. Webb, Suzanne B. Shu
doaj   +2 more sources

Dishonestly increasing the likelihood of winning [PDF]

open access: yesJudgment and Decision Making, 2012
People not only seek to avoid losses or secure gains; they also attempt to create opportunities for obtaining positive outcomes. When distributing money between gambles with equal probabilities, people often invest in turning negative gambles into ...
Shaul Shalvi
doaj   +3 more sources

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