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- W10402219 abstract "This article describes current trends and controversies in behavioral decision research. Much of the empirical research in this field has focused on violations of rational choice theory. Some violations are utility-based, such as loss aversion, framing effects, and contextual effects. Others are belief-based, such as base rate neglect and conjunction errors. This abundance of evidence has led behavioral decision researchers to develop descriptive theories based on more realistic assumptions about human nature. Issues such as fairness, self-control, emotional satisfaction, social pressure, and cultural norms are directly incorporated into the choice process. This approach to theorizing is gradually gaining popularity in other areas of social science, such as behavioral economics, behavioral finance, behavioral game theory, and behavioral accounts of the law." @default.
- W10402219 created "2016-06-24" @default.
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- W10402219 date "2001-01-01" @default.
- W10402219 modified "2023-09-26" @default.
- W10402219 title "Decision Research: Behavioral" @default.
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- W10402219 doi "https://doi.org/10.1016/b0-08-043076-7/00626-4" @default.
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