Magnitude and incentives: Revisiting the overweighting of extreme events in risky decisions from experience

Article English OPEN
Konstantinidis, E; Taylor, RT; Newell, BR;
(2017)
  • Publisher: Springer Verlag

Recent experimental evidence in experience-based decision-making suggests that people are more risk seeking in the gains domain relative to the losses domain. This critical result is at odds with the standard reflection effect observed in description-based choice and ex... View more
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