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An Experimental Test of a General Class of Utility Models: Evidence for Context Dependency

โœ Scribed by Richard Chechile; Alan Cooke

Book ID
110254491
Publisher
Springer
Year
1997
Tongue
English
Weight
259 KB
Volume
14
Category
Article
ISSN
0895-5646

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๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 93 KB

Three reasons for why people may evaluate utility in a rank-dependent fashion have been suggested: (a) rank-dependent weighting is a function of perceptual biases and thus not prescriptively defensible; (b) weights are (re)distributed by motivational processes that reflect stable personality charact