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Persistent link: https://www.econbiz.de/10009686559
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
By manipulating the scale in graphs, this study demonstrated a new evaluation bias caused by attribute salience in graphical representations. That is, (de)compressing the graph axis scale changed the relative distance with respect to the options of a given attribute and thus changed the salience...
Persistent link: https://www.econbiz.de/10008550534
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Entering into cross-cultural negotiations is a bit like heading out as the captain of the Titanic. When surveying the negotiation terrain, you will easily spot the most evident parts of culture — food, music, history, art, literature, and language — these are the tips of the icebergs...
Persistent link: https://www.econbiz.de/10011206521
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