Note—Further Tests of Aspiration Level Effects in Risky Choice Behavior
نویسندگان
چکیده
منابع مشابه
Travelers' Route Choice Behavior in Risky Networks
TRAVELERS’ ROUTE CHOICE BEHAVIOR IN RISKY NETWORKS SEPTEMBER 2013 HENGLIANG TIAN B.S., BEIJING UNIVERSITY OF POSTS AND TELECOMMUNICATIONS M.S., UNIVERSITY OF MASSACHUSETTS AMHERST Ph.D., UNIVERSITY OF MASSACHUSETTS AMHERST Directed by: Professor Song Gao The accurate modeling of travelers’ route choice decision making when faced with unreliable (risky) travel times is necessary for the assessme...
متن کاملFraming and conflict: aspiration level contingency, the status quo, and current theories of risky choice.
The effect of positive versus negative frames on risky choice was examined for a variety of scenarios and risks. Preferences in the positive domain were strong and mainly risk averse, with notable exceptions. Preferences in the negative domain, however, were marked by their inconsistency, shown both by an overwhelming lack of significant majority preferences and a surprisingly strong tendency o...
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در این پایان نامه تاثیر دو نوع تست جزیی نگر و کلی نگر بر به یادسپاری محتوا ارزیابی شده که نتایج نشان دهندهکارایی تستهای کلی نگر بیشتر از سایر آزمونها است
15 صفحه اولThe Role of Aspiration Level in Risky Choice: A Comparison of Cumulative Prospect Theory and SP/A Theory.
In recent years, descriptive models of risky choice have incorporated features that reflect the importance of particular outcome values in choice. Cumulative prospect theory (CPT) does this by inserting a reference point in the utility function. SP/A (security-potential/aspiration) theory uses aspiration level as a second criterion in the choice process. Experiment 1 compares the ability of the...
متن کاملA Dual-process Model of Framing Effects in Risky Choice
This work investigates the intuitive and deliberative cognitive processes underlying risky decision-making by manipulating time pressure. A recent fMRI study by De Martino et al. (2006) found greater activation of the amygdala when exhibiting framing effects suggesting that they may be driven by System 1. Because this system is characterized as being fast, we expect more pronounced framing effe...
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ژورنال
عنوان ژورنال: Management Science
سال: 1981
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.27.8.953