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Research on preference reversals has demonstrated a disproportionate influence of outcome probability on choices between monetary gambles. The aim was to investigate the hypothesis that this is a prominence effect originally demonstrated for riskless choice. Another aim was to test the structure...
Persistent link: https://www.econbiz.de/10013100155
Persistent link: https://www.econbiz.de/10003947845
In the present study it was shown that both decision heuristics and social value orientation play important roles in the building of preferences. This was revealed in decision tasks in which participants were deciding about candidates for a job position. An eye-tracking equipment was applied in...
Persistent link: https://www.econbiz.de/10014037496