The present study explains how default choices are easy when compared with the alternate and free choices based on three survey design. In doing so, the study examines the effects of the default option on people's preferences towards various issues concerning governmental and marketing policy....

This paper reports on a technical result that we have derived from various formal models that support a prospect-theoretic account of the traditional deterrence game. The result is as follows. In sequential prospect-theoretic play of the traditional deterrence game, under both one-sided and...