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The implications of linking questions within the SG and TTO methods

✍ Scribed by Anne Spencer


Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
146 KB
Volume
13
Category
Article
ISSN
1057-9230

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✦ Synopsis


Abstract

We consider the impact of introducing intermediate stages, chained together, into the standard gamble (SG) and time trade‐off (TTO) methods. Less is known about the impact of intermediate stages, chained together, in the TTO method. We broadly replicate the patterns of responses observed in other SG studies which have been accounted for by loss aversion. We find that the TTO responses do not replicate the patterns found in the SG responses. The results support the notion that additional issues arise in the TTO method that counteract loss aversion. Copyright Β© 2004 John Wiley & Sons, Ltd.


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