The composition of the choice set modulates probability weighting in risky decisions.
Probability distortion—the tendency to underweight larger probabilities and overweight smaller ones—is a robust empirical phenomenon and an important driver of suboptimal choices. We reveal a novel contextual effect on probability distortion that depends on the composition of the choice set. Probabi...
| Publicado en: | Cognitive, Affective & Behavioral Neuroscience Vol. 23; no. 3; pp. 666 - 678 |
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| Autores principales: | , , , , , |
| Formato: | Journal Article |
| Publicado: |
Springer Nature
Jun2023
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| Acceso en línea: | Ver este registro en EBSCOhost |