Moffatt, Peter G.; Sitzia, Stefania; Zizzo, Daniel John - School of Economics, University of East Anglia - 2014
experiment in which 80 subjects engage in a sequence of 54 choices between pairs of lotteries. The lotteries always have the same … complexity aversion at the start of the experiment, but complexity aversion reduces with experience, to the extent that the … average subject is complexity neutral by the end of the experiment. Around 23% of subjects appear complexity loving. Some of …