ERIC Number: EJ253110
Record Type: Journal
Publication Date: 1981-Sep
Pages: N/A
Abstractor: N/A
ISBN: N/A
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Available Date: N/A
Decision Making in the Short Run.
Lopes, Lola L.
Journal of Experimental Psychology: Human Learning and Memory, v7 n5 p377-85 Sep 1981
The commonly accepted idea that the only rational measure of the worth of a gamble is its expected value or some subjective counterpart such as expected utility is examined. Also discussed are the changes called for in theories of rational choice when prescriptions of rational models violate common sense. (Author/GK)
Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
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Language: English
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