Prospect Theory, Mental Accounting, and Differences in Aggregated and Segregated Evaluation of Lottery Portfolios
If individuals have to evaluate a sequence of lotteries, their judgment is influenced by the presentation mode. Experimental studies have found significantly higher acceptance rates for a sequence of lotteries if the overall distribution was displayed instead of the set of lotteries itself. Mental a...
| Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 47(2001), 5, Seite 716-733 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2001
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| Zugriff auf das übergeordnete Werk: | Management Science |
| Schlagworte: | Prospect Theory Mental Accounting Evaluation Procedures Behavioral sciences Philosophy Economics Mathematics Law |
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