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• W1541789545 abstract "Experimental psychology provides a drastically different picture of human abilities, motives, and behavior from that which predominates economic analyses. Individual preferences are normatively assumed to be well-ordered and consistent, but descriptively shown to be inconsistent and malleable. Not having at their disposal clear and reliable procedures for assigning values to options, people need to construct their preferences in the context of decision, which is rife with, among other things, conflict, emotion, contextual influences, and shifts in perspective and attention. Like many other traits and behaviors, preference inconsistency is the outcome not of distracted shortcuts or avoidable errors, but of fundamental aspects of mental life that are central to how people process information. Thus, it may help to think of individual decision makers not as faulty economic agents, but as fundamentally different creatures." @default.
• W1541789545 created "2016-06-24" @default.
• W1541789545 creator A5012496171 @default.
• W1541789545 date "2003-01-01" @default.
• W1541789545 modified "2023-09-25" @default.
• W1541789545 title "Context, conflict, weights, and identities: some psychological aspects of decision making" @default.
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