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Direct linkWillemsen, Martijn C.; Bockenholt, Ulf; Johnson, Eric J. – Journal of Experimental Psychology: General, 2011
Loss aversion and reference dependence are 2 keystones of behavioral theories of choice, but little is known about their underlying cognitive processes. We suggest an additional account for loss aversion that supplements the current account of the value encoding of attributes as gains or losses relative to a reference point, introducing a value…
Descriptors: Evidence, Cognitive Processes, Comparative Analysis, Self Efficacy
Peer reviewedBroadbent, Donald E.; Broadbent, Margaret H. P. – Journal of Experimental Psychology: General, 1975
The entire paper can be summarized by considering the presentation of a stimulus which acts by restricting the set of possible words to a defined short list and the resulting human choice that makes use of information from the stimulus to favor one of the words in the list rather than others. (Author/RK)
Descriptors: Data Analysis, Decision Making, Experimental Psychology, Psychological Studies
Peer reviewedLevin, Irwin P. – Journal of Experimental Psychology: General, 1975
A new approach to the study of "intuitive statistics" was developed in a series of five experiments dealing with the integration of numerical information. (Editor)
Descriptors: Decision Making, Diagrams, Experimental Psychology, Information Utilization
