Gain-Loss Separability and Coalescing in Risky Decision Making
نویسندگان
چکیده
منابع مشابه
Gain-Loss Separability and Coalescing in Risky Decision Making
T experiment tested two behavioral properties of risky decision making—gain-loss separability (GLS) and coalescing. Cumulative prospect theory (CPT) implies both properties, but the transfer of attention exchange model (TAX) violates both. Original prospect theory satisfies GLS but may or may not satisfy coalescing, depending on whether editing rules are assumed. A configural form of CPT propos...
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ژورنال
عنوان ژورنال: Management Science
سال: 2007
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.1060.0592