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• W1983817723 abstract "A decoy is an option which causes preference reversals between two other options in a choice set. Introducing a decoy increases the popularity of a target option and decreases the popularity of a competitor. This phenomenon contradicts standard economic models of individual choice which assume preferences to be independent of irrelevant alternatives. Decoy effects include a set of phenomena in which particular types of decoys have been observed to influence choice. This paper focuses on two effects: the asymmetric domination and compromise effect. Earlier studies on decoy effects have concentrated on consumer choice. The aim of this paper is to investigate the possibility of observing the same effects in a political context. This question is studied by presenting choice problems over various policy issues to a group of respondents. The results show that the outcomes of a political decision making process can be affected by alternatives which should be irrelevant according to the standard approach." @default.
• W1983817723 created "2016-06-24" @default.
• W1983817723 creator A5046225390 @default.
• W1983817723 date "1997-09-01" @default.
• W1983817723 modified "2023-10-14" @default.
• W1983817723 title "Decoy alternatives in policy choices: Asymmetric domination and compromise effects" @default.
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• W1983817723 doi "https://doi.org/10.1016/s0176-2680(97)00020-7" @default.
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