Does size matter? The Allais paradox and preference reversals with varying outcome magnitudes
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DOI: 10.1016/j.socec.2018.12.004
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Cited by:
- Sebastian Neumann-Böhme & Stefan A. Lipman & Werner B. F. Brouwer & Arthur E. Attema, 2021. "Trust me; I know what I am doing investigating the effect of choice list elicitation and domain-relevant training on preference reversals in decision making for others," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(5), pages 679-697, July.
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More about this item
Keywords
Allais paradox; Common consequence effect; Expected utility theory; Outcome size; Preference elicitation; Preference reversals; Rational choice;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
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