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The psychology and rationality of decisions from experience

✍ Scribed by Ralph Hertwig


Book ID
113080050
Publisher
Springer Netherlands
Year
2011
Tongue
English
Weight
384 KB
Volume
187
Category
Article
ISSN
0039-7857

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## Abstract Decision‐makers are sometimes depicted as impulsive and overly influenced by β€˜hot’, affective factors. The present research suggests that decision‐makers may be too β€˜cold’ and overly focus on rationalistic attributes, such as economic values, quantitative specifications, and functions.