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This research extends the exploration of single-play/multiple-play distinctions from monetary gambling paradigm to emergency management situation. We conducted three studies (two survey studies and one eye tracking study) to test whether an emergency plan we formulated in advance based on...
Persistent link: https://www.econbiz.de/10010824789
The strong similarities between intertemporal and risky choice raised the possibility that risk and time delay were psychologically interchangeable in the way they influence preference. Consistent with the single-process view, several previous studies have indicated that introducing uncertainty...
Persistent link: https://www.econbiz.de/10010760821
An interesting phenomenon, which we dub the 'pseudo-immediacy effect', was detected in intertemporal choices. The majority of our participants preferred the smaller but sooner (SS) outcome to the larger but later (LL) outcome when a pseudo-immediacy reward was framed, but a higher proportion of...
Persistent link: https://www.econbiz.de/10010760838
Individual differences on a framing problem and a reflection problem were examined in light of the Myers--Briggs Type Indicator. The predictions on information processing style, derived from Jungian personality type theory, were tested for the much-discussed framing effect in the Asian Disease...
Persistent link: https://www.econbiz.de/10010761014
The present research on risky decision making extends the exploration of the singleplay/multiple-play distinction. Mathematics students are asked to respond to two choice problems, each having three decision tasks: choosing between multiple-play gambles, choosing between single-play gambles and...
Persistent link: https://www.econbiz.de/10010620018