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We investigate violations of consequentialism in the form of the stochastic dominance property. The property is shared by many theories of choice and implies that the decision-maker prefers receiving the best outcome for sure over all lotteries that involve multiple outcomes. We run experiments...
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appear only when the task is more likely to trigger loss aversion. -- elicitation methods ; experiment ; risk attitudes …
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appear only when the task is more likely to trigger loss aversion. -- Risk attitudes ; Elicitation methods ; Experiment …
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