Choice set dependent performance and post-decision dissonance
نویسندگان
چکیده
منابع مشابه
Cognitive Dissonance and Choice
People like to feel good about past decisions. This paper models selfjusti cation of past decisions. The model is axiomatic: axioms are de ned on preference over ex ante actions (modeled formally by menus). The representation of preference admits the interpretation that the agent adjusts beliefs after taking an action so as to be more optimistic about its possible consequences. In particular, t...
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2 experiments were conducted to investigate postdecisional dissonance reduction processes following a commitment to bet on a horse in the natural and uncontrived setting of a race track. In the 1st study, 69 $2 Win bettors rated the chance that the horse they had selected would win the forthcoming race and 72 other bettors provided ratings immediately after making a $2 Win bet. On the 7-point r...
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According to many modern economic theories, actions simply reflect an individual's preferences, whereas a psychological phenomenon called "cognitive dissonance" claims that actions can also create preference. Cognitive dissonance theory states that after making a difficult choice between two equally preferred items, the act of rejecting a favorite item induces an uncomfortable feeling (cognitiv...
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Luce’s choice axiom (LCA) is a theory of individual choice behavior that has proven to be a powerful tool in the behavioral sciences for over 50 years. LCA is grounded in two fundamental properties: choice is probabilistic and the probability of choosing an option from one set of alternatives is related to the probability of choosing the same option from a different set. This entry reviews the ...
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0950-7051/$ see front matter 2012 Elsevier B.V. A http://dx.doi.org/10.1016/j.knosys.2012.05.006 ⇑ Corresponding author. Tel./fax: +86 0351 701817 E-mail addresses: [email protected] (Y. Qian [email protected] (P. Song), [email protected] edu.cn (W. Wei). An ordered decision table is one of the most effective frameworks for the intelligent decision-making systems. As two classical measures,...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2019
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2019.04.023