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Titel:

How Incidental Values From the Environment Affect Decisions About Money, Risk, and Delay

Dokumenttyp:
Zeitschriftenaufsatz
Autor(en):
Ungemach, C.; Stewart, N.; Reimers, S.
Nicht-TUM Koautoren:
ja
Kooperation:
international
Abstract:
How different are £0.50 and £1.50, “a small chance” and “a good chance,” or “three months” and “nine months”? Our studies show that people behave as if the differences between these values are altered by incidental everyday experiences. Preference for a £1.50 lottery rather than a £0.50 lottery was stronger among individuals exposed to intermediate supermarket prices than among those exposed to lower or higher prices. Preference for “a good chance” rather than “a small chance” of winning a lotte...     »
Stichworte:
utility, subjective probability, decision weight, intertemporal choice, discounting function, delay discounting, decision making under risk, decision by sampling
Intellectual Contribution:
Discipline-based Research
Zeitschriftentitel:
Psychological Science
Journal gelistet in FT50 Ranking:
nein
Jahr:
2011
Band / Volume:
22
Heft / Issue:
2
Seitenangaben Beitrag:
253-260
Nachgewiesen in:
Scopus; Web of Science
Volltext / DOI:
doi:10.1177/0956797610396225
Verlag / Institution:
SAGE Publications
E-ISSN:
0956-79761467-9280
Publikationsdatum:
12.01.2011
Urteilsbesprechung:
0
Key publication:
Ja
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
commissioned:
not commissioned
Professional Journal:
Ja
Technology:
Nein
Interdisziplinarität:
Ja
Leitbild:
;
Ethics und Sustainability:
Nein
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