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The construction of preference

Author: Sarah Lichtenstein; Paul Slovic
Publisher: Cambridge ; New York : Cambridge University Press, 2006.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle  Read more...
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Genre/Form: Electronic books
Aufsatzsammlung
Additional Physical Format: Print version:
Construction of preference.
Cambridge ; New York : Cambridge University Press, 2006
(DLC) 2005035966
(OCoLC)62742548
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sarah Lichtenstein; Paul Slovic
ISBN: 9780511246555 0511246552 0511245866 9780511245862 0511242883 9780511242885 9780511244384 051124438X 9780511618031 0511618034 9786610702145 6610702144
OCLC Number: 161676818
Description: 1 online resource (xviii, 790 pages) : illustrations
Contents: 1. The construction of preference : an overview / Sarah Lichtenstein and Paul Slovic --
2. Relative importance of probabilities and payoffs in risk taking / Paul Slovic and Sarah Lichtenstein --
3. Reversals of preference between bids and choices in gambling decisions / Sarah Lichtenstein and Paul Slovic --
4. Response-induced reversals of preference in gambling : an extended replication in Las Vegas / Sarah Lichtenstein and Paul Slovic --
5. Economic theory of choice and the preference reversal phenomenon / David M. Grether and Charles R. Plott --
6. Contingent weighting in judgment and choice / Amos Tversky, Samuel Sattath and Paul Slovic --
7. Cognitive processes in preference reversals / David A. Schkade and Eric J. Johnson.
Responsibility: edited by Sarah Lichtenstein, Paul Slovic.
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Abstract:

When asked to make a decision, people often don't really know what they want; they must construct their preferences 'on the spot'. This book describes the concept of preference construction, tracing  Read more...

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