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The Impact of Incentives Upon Risky Choice Experiments

✍ Scribed by JANE BEATTIE; GRAHAM LOOMES


Book ID
110253731
Publisher
Springer
Year
1997
Tongue
English
Weight
168 KB
Volume
14
Category
Article
ISSN
0895-5646

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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