Sürücü, Oktay; Brangewitz, Sonja; Djawadi, Behnud Mir - 2017
(HVLs). Second, we examine the asymmetric dominance effect in the presence of two decoys. While the asymmetric dominance … effect persists when the choice set includes two decoys, the effect is not always further enhanced compared to the setting … substantial extent the presence of decoys subtly makes decision-makers choose against their risk preferences by favoring lotteries …