ANTICIPATING REGRET : WHY FEWER OPTIONS MAY BE BETTER

By T. Sarver. 2008

206 citations recorded by the source corpus.

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Contextual Inference in Markets: On the Informational Content of Product Lines (2008, background): “One of the most widely studied context effects is the compromise effect (Simonson 1989).1 The compromise effect refers to the finding that people tend to choose the middle option. More precisely, when three alternatives are available, the middle alternative is chosen more often than when it is paire”
Overconfidence in Political Behavior (2015, methodology): “Models of regret have then been frequently used to explain behavioral patterns which are not compatible with standard, expected-utility, models (Bell, 1982; Loomes and Sugden, 1982; Loomes and Sugden, 1987; Sugden, 1993; and Sarver, 2008).”
Choice proliferation, simplicity seeking, and asset allocation ☆ (2010, background): “Theoretical investigations show that these instances of choice overload can arisewhen the available choice set conveys useful information (Kamenica, 2008) orwhen agents exhibit preferences with regret (Irons and Hepburn, 2007; Sarver, 2008).”