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Prior research suggests that those who rely on intuition rather than effortful reasoning when making decisions are less averse to risk and ambiguity. The evidence is largely correlational, however, leaving open the question of the direction of causality. In this paper, we present experimental...
Persistent link: https://www.econbiz.de/10010200793
order to investigate the effect of market interaction on moral decision making in a subsequent moral dilemma. Taking into …
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We investigate various statistical methods for forecasting risky choices and identify important decision predictors …
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historical perspective and link our findings to a suggestion as to how decision theory could make use of it today. We emphasize …, with how it generally came to function within decision theory from the late 1970s onwards: that is, as an empirical … for possible use by decision theorists today …
Persistent link: https://www.econbiz.de/10012120707
between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on …
Persistent link: https://www.econbiz.de/10014323610
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We introduce a dynamic model of emotional behavior regulation that can generalize to a wide range of decision dilemmas …. Dilemmas are characterized by availability of mutually exclusive goals that a decision maker is dually motivated to pursue. In … observed between so-called “preferences” revealed in repeated decision dilemmas (e.g., by choosing A over B at time 1, then …
Persistent link: https://www.econbiz.de/10011708855