Results 31 to 40 of about 550,362 (263)
The Causes of Preference Reversal [PDF]
Observed preference reversal cannot be adequately explained by violations of independence, the reduction axiom, or transitivity. The primary cause of preference reversal is the failure of procedure invariance, especially the overpricing of low-probability, high-payoff bets.
Tversky, Amos +2 more
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Imprecision as an account of the preference reversal phenomenon [PDF]
Many individuals' choices and valuations involve a degree of uncertainty/imprecision. This paper reports an experiment designed to obtain some measure of imprecision and to examine the extent to which it can explain preference reversals of two opposite ...
Graham C. Loomes +8 more
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Reversal of Values in Rūmī’s Mathnavī [PDF]
The ‘reversal of values,’ as an appealing features, is considered as one of the basis for many stories and ideas in Mathnawī of Rūmī. This article, firstly, introduces some instances of value reversal such as the preference of death to life, madness to ...
Naser Jaberi
doaj +1 more source
A statistical test of independence in choice data with small samples
This paper develops tests of independence and stationarity in choice data collected with small samples. The method builds on the approach of Smith and Batchelder (2008).
Michael H. Birnbaum
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Preference Reversals in Delay of Gratification [PDF]
Intertemporal choices are decisions between outcomes occurring at different times. For example, people may choose to quit smoking cigarettes for the delayed health-related benefits associated with abstention, or they may continue to smoke for the ...
Haynes, Jeremy M.
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Behavioral flexibility, the ability to adapt behavior to new circumstances, is thought to play an important role in a species’ ability to successfully adapt to new environments and expand its geographic range.
Logan, Corina +7 more
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Anomalies: Preference Reversals
The preference reversal phenomenon has been established in numerous studies during the last two decades, but its causes have only recently been uncovered. This phenomenon, or cluster of phenomena, challenges the traditional assumption that the decisionmaker has a fixed preference order that is captured accurately by any reliable elicitation procedure.
Tversky, Amos, Thaler, Richard H
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An assessment of the temporal dynamics of moral decisions [PDF]
In the domain of moral decision making, models in which emotion and deliberation constitute competing dual-systems have become increasingly popular.
Gregory J. Koop
doaj +3 more sources
Do preference reversals generalise? Results on ambiguity and loss aversion [PDF]
Preference reversals are frequently observed in the lab, but almost all designs use completely transparent prospects, which are rarely features of decision making elsewhere. This raises questions of external validity.
Ormerod, Thomas +17 more
core +7 more sources
Information and preference reversals in lotteries [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bakir, N.O., Klutke G.-A.
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