منابع مشابه
Narrow Bracketing and Dominated Choices1
An experiment by Tversky and Kahneman (1981) illustrates that people's tendency to evaluate risky decisions separately can lead them to choose combinations of choices that are …rst-order stochastically dominated by other available combinations. We investigate the generality of this e¤ect both theoretically and experimentally. We show that for any decisionmaker who does not have constant-absolut...
متن کاملNarrow Bracketing and Dominated Choices
We consider a decisionmaker who "narrowly brackets", i.e. evaluates her decisions separately. Generalizing an example by Tversky and Kahneman (1981) we show that if the decisionmaker does not have constant-absolute-risk-averse preferences, there exists a simple pair of independent binary decisions where she will make a rstorder stochastically dominated combination of choices. We also character...
متن کاملDaily Horizons: Evidence of Narrow Bracketing in Judgments from 9,000 MBA Admission Interviews
Many professionals, from auditors and lawyers to clinical psychologists and journal editors, divide a continuous flow of judgments into subsets. College admissions interviewers, for instance, evaluate just a handful of applicants per day. We conjectured that in such situations individuals engage in “narrow bracketing” –that is, assessing each subset in isolation and, for that subset, avoiding m...
متن کاملMyopic risk-seeking: The impact of narrow decision bracketing on lottery play
In two experiments conducted with low-income participants, we find that individuals are more likely to buy state lottery tickets when they make several purchase decisions one-at-a-time, i.e. myopically, than when they make one decision about how many tickets to purchase. These results extend earlier findings showing that “broad bracketing” of decisions encourages behavior consistent with expect...
متن کاملUri Simonsohn and Francesca Gino Interviews Daily Horizons : Evidence of Narrow Bracketing in Judgment From 10 Years
Many professionals, from auditors, venture capitalists, and lawyers, to clinical psychologists and journal editors, divide continuous flows of judgments into subsets. College admissions interviewers, for instance, evaluate but a handful of applicants a day. We conjectured that in such situations, individuals engage in narrow bracketing, assessing each subset in isolation and then—for any given ...
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ژورنال
عنوان ژورنال: The Scandinavian Journal of Economics
سال: 2019
ISSN: 0347-0520,1467-9442
DOI: 10.1111/sjoe.12311