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Recent studies have suggested that there may be a correlation between the order in which decision-makers collect information about risky gambles and their tendency to make expected value maximizing decisions. In this work we present results from an experiment designed to establish causality by...
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We investigated the effect of large changes in financial incentives on the process of decision-making by measuring autonomic arousal and visual attention during an incentivized lottery-choice task. High real stakes were accompanied by increased risk aversion and physiological arousal, and by...
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