and compromise effect having the most solid foundation regarding relevant results. Consequently, this article presents a …

aversion shape decisions. Defining the attraction and compromise effect in reference to a state-space-based description of the … compromise effect. Furthermore, we find some supportive evidence for our comparative static predictions and weakly diminishing …

aversion shape decisions. Defining the attraction and compromise effect in reference to a state-space-based description of the … compromise effect. Furthermore, we find some supportive evidence for our comparative static predictions and weakly diminishing …

contexts. This paper particularly examines the influence of altruistic product attributes on the compromise effect. Through …-offs involving altruistic attributes and that altruistic attributes change the compromise effect substantially. While the well …-established compromise effect, predicting a preference for middle options (compromises) over extreme options, holds for trade-offs between …