It is Whether You Win or Lose: The Importance of the Overall Probabilities of Winning or Losing in Risky Choice
By John W. Payne. 2005
153 citations recorded by the source corpus.
Subfields: Economics and Econometrics, General Decision Sciences
View Paper: https://www.semanticscholar.org/paper/423fed11f6e578a6b0bf0a7ebc46f3cb32db1247
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In Economics and Econometrics
In General Decision Sciences
Citations in the corpus
- Tests of Branch Splitting and Branch-Splitting Independence in Allais Paradoxes with Positive and Mixed Consequences. (2007, background): “Furthermore, it seems plausible that very large prizes might induce additional psychological considerations or processes, such as satisfying an aspiration level (as in Lopes & Oden, 1999; Payne, 2005).”