Framing reference points: the effect of
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Rachel Barkan; Shai Danziger; Guy Ben-Bashat; Jerome R. Busemeyer
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Article
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2005
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John Wiley and Sons
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English
β 114 KB
π 1 views
Dynamic inconsistency reflects a prediction bias where decision makers fail to follow their plans simply because they experience outcomes on which their plan was based. Specifically, after experiencing an anticipated gain in one gamble, decision makers reject a second gamble they had planned to acce