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Familiarity Bias and Belief Reversal in Relative Likelihood Judgment

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  • Fox, Craig R.
  • Levav, Jonathan

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  • Fox, Craig R. & Levav, Jonathan, 2000. "Familiarity Bias and Belief Reversal in Relative Likelihood Judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 82(2), pages 268-292, July.
  • Handle: RePEc:eee:jobhdp:v:82:y:2000:i:2:p:268-292
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    References listed on IDEAS

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    1. Sandra Pruzansky & Amos Tversky & J. Carroll, 1982. "Spatial versus tree representations of proximity data," Psychometrika, Springer;The Psychometric Society, vol. 47(1), pages 3-24, March.
    2. Gregory W. Fischer & Ziv Carmon & Dan Ariely & Gal Zauberman, 1999. "Goal-Based Construction of Preferences: Task Goals and the Prominence Effect," Management Science, INFORMS, vol. 45(8), pages 1057-1075, August.
    3. Hsee, Christopher K., 1996. "The Evaluability Hypothesis: An Explanation for Preference Reversals between Joint and Separate Evaluations of Alternatives," Organizational Behavior and Human Decision Processes, Elsevier, vol. 67(3), pages 247-257, September.
    4. Slovic, Paul & Lichtenstein, Sarah, 1983. "Preference Reversals: A Broader Perspective," American Economic Review, American Economic Association, vol. 73(4), pages 596-605, September.
    5. Mellers, Barbara A. & Ordonez, Lisa D. & Birnbaum, Michael H., 1992. "A change-of-process theory for contextual effects and preference reversals in risky decision making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 52(3), pages 331-369, August.
    6. Craig R. Fox & Amos Tversky, 1995. "Ambiguity Aversion and Comparative Ignorance," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 585-603.
    7. Tversky, Amos & Slovic, Paul & Kahneman, Daniel, 1990. "The Causes of Preference Reversal," American Economic Review, American Economic Association, vol. 80(1), pages 204-217, March.
    8. Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(4), pages 643-669.
    9. Heath, Chip & Tversky, Amos, 1991. "Preference and Belief: Ambiguity and Competence in Choice under Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 4(1), pages 5-28, January.
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    Cited by:

    1. Jeongmyeong Song & Myungkyu Jung & Kwangho Park & Ho Yeol Yu, 2022. "Water Sport Tourists’ Hesitation in Decision-Making during the COVID-19 Pandemic: The Moderating Effect of Destination Image," Sustainability, MDPI, vol. 14(8), pages 1-12, April.
    2. Posavac, Steven S. & Josko Brakus, J. & Cronley, Maria L. & Jain, Shailendra Pratap, 2009. "On assuaging positive bias in environmental value elicitation," Journal of Economic Psychology, Elsevier, vol. 30(3), pages 482-489, June.
    3. Posavac, Steven S. & Kardes, Frank R. & Josko Brakus, J., 2010. "Focus induced tunnel vision in managerial judgment and decision making: The peril and the antidote," Organizational Behavior and Human Decision Processes, Elsevier, vol. 113(2), pages 102-111, November.
    4. Radzevick, Joseph R. & Moore, Don A., 2008. "Myopic biases in competitions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 107(2), pages 206-218, November.
    5. Luis-Alberto, Casado-Aranda & Angelika, Dimoka & Juan, Sánchez-Fernández, 2021. "Looking at the brain: Neural effects of “made in†labeling on product value and choice," Journal of Retailing and Consumer Services, Elsevier, vol. 60(C).
    6. Asah, Stanley T. & Baral, Nabin, 2018. "Technicalizing non-technical participatory social impact assessment of prospective cellulosic biorefineries: Psychometric quantification and implications," Applied Energy, Elsevier, vol. 232(C), pages 462-472.
    7. Aurélien Baillon & Zhenxing Huang & Asli Selim & Peter P. Wakker, 2018. "Measuring Ambiguity Attitudes for All (Natural) Events," Econometrica, Econometric Society, vol. 86(5), pages 1839-1858, September.
    8. Ravi Kashyap, 2019. "Imitation in the Imitation Game," Papers 1911.06893, arXiv.org.

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