Butler, Jeffrey; Guiso, Luigi; Jappelli, Tullio - 2013
Prior research suggests that those who rely on intuition rather than effortful reasoning when making decisions are less … causality. In this paper, we present experimental evidence of causation running from reliance on intuition to risk and ambiguity … preferences. We directly manipulate participants' predilection to rely on intuition and find that enhancing reliance on intuition …