psychophysics, in which deviations from average behavior are termed (statistical) errors; and the latter's work on decision theory … a new descriptive theory of human decision making in the real world, coined Heuristics and Biases. The 1979 Econometrica …

causal role of attention on the decision process, we manipulate for how long each outcome is presented before showing the … weight on the decision. We find specific effects in the domain of losses, but not gains. A longer presentation duration of … sensitivity to both gain and loss values in their decision. Further analyses show that specifically participants with higher …

performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution … decision to capitulate an investment, however, only depends directly on the expectation about the stock’s future performance …. The adaptation level, by contrast, affects the actual investment decision indirectly via its impact on expectations. …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk …. Dependent on the timing of the global risk different combinations of anticipated and experienced emotions influence decision …