ABELLAN-PERPIÑAN, JOSE MARIA; Bleichrodt, Han; … - Departamento de Economía, Universidad Pablo de Olavide - 2007
, the time trade-off, the standard gamble and a version of the standard gamble that corrects for the deviations from … gamble a close second. In decisions involving risk the corrected standard gamble is most consistent with people’s preferences … choice task. In decisions involving no risk the time trade-off is most consistent with people’s preferences with the standard …