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The Iranian economy entered a third consecutive year of recession following the triple-shock of sanctions, oil market collapse and Coronavirus (COVID-19). High inflation placed additional economic stress on lower income households following a sharp depreciation of the currency. As Coronavirus...
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situations, individual ambiguity attitudes influence decision making. The present study identifies affective states as a … the joy, fear, and control groups, where decision makers deviate more from payoff-maximizing behaviors and are more … susceptible to likelihood insensitivity. We also find a similar pattern in a representative population sample where cloudy weather …
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