Our previous research suggests that people reporting a stronger desire to maximize obtain worse life outcomes (Bruine de Bruin et al., 2007). Here, we examine whether this finding may be explained by the decision-making styles of self-reported maximizers. Expanding on Schwartz et al.\ (2002), we...

We report a mathematical result that casts doubt on the possibility of recalibration of probabilities using calibration curves. We then discuss how to interpret this result in the light of behavioral research.