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Saving lives in the present versus saving lives in the future — Is there a framing effect?

✍ Scribed by M. Johannesson; Johansson

Book ID
104300055
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
109 KB
Volume
22
Category
Article
ISSN
0167-6687

No coin nor oath required. For personal study only.

✦ Synopsis

Abstracts and Reviews

conclusion that the learning process is rational, the character of the learning process differs depending on the risk level. Risk-related variables are much better predictors of large risks than of small risks, which reflects the role of information costs and the benefits of learning about large risks.

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