The effect of incentive structure on heuristic decision making: the proportion heuristic

Research, Preprint English OPEN
Oxoby, Robert J. (2007)
  • Publisher: Institute for the Study of Labor (IZA) Bonn
  • Subject: Leistungsanreiz | Test | Entscheidung | Heuristisches Verfahren
    • ddc: ddc:330

When making judgments, individuals often utilize heuristics to interpret information. We report on a series of experiments designed to test the ways in which incentive mechanisms influence the use of a particular heuristic in decision-making. Specifically, we demonstrat... View more
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