Canonical Riskless Choice Over Bundles: Aint No Reference Point Here
نویسندگان
چکیده
منابع مشابه
Reference Point Effects in Riskless Choice Without Loss Aversion
Numerous studies have demonstrated that preferences among options in riskless choice are often influenced by reference points. That is, an existing reference level or status quo can bias preferences toward new alternatives. Reference-dependent effects have typically been attributed to loss aversion (Tversky & Kahneman, 1991). The key idea is that when an option is being considered, an individua...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2594048