Explaining the description-experience gap in risky decision-making: learning and memory retention during experience as causal mechanisms.
When making decisions based on probabilistic outcomes, people guide their behavior using knowledge gathered through both indirect descriptions and direct experience. Paradoxically, how people obtain information significantly impacts apparent preferences. A ubiquitous example is the description-exper...
| Published in: | Cognitive, Affective & Behavioral Neuroscience Vol. 23; no. 3; pp. 557 - 578 |
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| Main Authors: | , , |
| Format: | Journal Article |
| Published: |
Springer Nature
Jun2023
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| Online Access: | View this record in EBSCOhost |