Results 21 to 30 of about 550,362 (263)
The attraction effect in motor planning decisions [PDF]
In motor lotteries the probability of success is inherent in a person’s ability to make a speeded pointing movement. By contrast, in traditional economic lotteries, the probability of success is explicitly stated.
George D. Farmer +3 more
doaj +2 more sources
Preference Reversals in Personnel Selection [PDF]
Preference reversals, in which one alternative is preferred in a choice task while another alternative is preferred in a judgment task, may occur in personnel selection.
Boudreau, John W. +3 more
core +5 more sources
Attention and Salience in Preference Reversals [PDF]
AbstractWe investigate the implications of Salience Theory for the classical preference reversal phenomenon, where monetary valuations contradict risky choices. It has been stated that one factor behind reversals is that monetary valuations of lotteries are inflated when elicited in isolation, and that they should be reduced if an alternative lottery ...
Alos-Ferrer, Carlos, Ritschel, Alexander
openaire +5 more sources
Using repeatability of performance within and across contexts to validate measures of behavioral flexibility [PDF]
Research into animal cognitive abilities is increasing quickly and often uses methods where behavioral performance on a task is assumed to represent variation in the underlying cognitive trait.
Kelsey McCune +7 more
doaj +2 more sources
Preference reversals with losses [PDF]
People who prefer larger, later gains over smaller, sooner gains when considering outcomes far in the future often reverse their preference as the alternatives become closer in time. This finding, which is contrary to a normative economic account of intertemporal choice, has been interpreted as support for hyperboloid discounting, but the results can ...
Daniel D, Holt +3 more
openaire +2 more sources
Trading mental effort for confidence in the metacognitive control of value-based decision-making
Why do we sometimes opt for actions or items that we do not value the most? Under current neurocomputational theories, such preference reversals are typically interpreted in terms of errors that arise from the unreliable signaling of value to brain ...
Douglas G Lee, Jean Daunizeau
doaj +1 more source
Attentional shifts and preference reversals: An eye-tracking study [PDF]
The classic preference reversal phenomenon, where monetary evaluations contradict risky choices, has been argued to arise due to a focus on outcomes during the evaluation of alternatives, leading to overpricing of long-shot options.
Carlos Alós-Ferrer +2 more
doaj
Stochastic Choice and Preference Reversals [PDF]
Preferences over risky alternatives can be elicited by different methods, including direct pairwise choices and willingness-to-accept valuations. The results are frequently at odds, casting doubts on the foundations of economics. We develop a stochastic choice model predicting when inconsistencies across elicitation methods should occur, the type of ...
Alos-Ferrer, Carlos +2 more
openaire +3 more sources
The effects of losses and event splitting on the Allais paradox [PDF]
The Allais Paradox, or common consequence effect, has been a standard challenge to normative theories of risky choice since its proposal over 60 years ago. However, neither its causes nor the conditions necessary to create the effect are well understood.
Bethany J. Weber
doaj +2 more sources
Evaluation Scale or Output Format: The Attentional Mechanism Underpinning Time Preference Reversal
Time preference reversals refers to systematic inconsistencies between preferences and valuations in intertemporal choice. When faced with a pair of intertemporal options, people preferred the smaller-sooner option but assign a higher price to the larger-
Yan-Bang Zhou +4 more
doaj +1 more source

