Matches in SemOpenAlex for { <https://semopenalex.org/work/W3021406403> ?p ?o ?g. }
Showing items 1 to 51 of
51
with 100 items per page.
- W3021406403 abstract "The article presents a theory that I denote “Relative Thinking Theory,” which claims that people consider relative differences and not only absolute differences when making various economics decisions, even in those cases where the rational model dictates that people should consider only absolute differences. The article reviews experimental evidence for this behavior, summarizing briefly several experiments I conducted, as well as some earlier related literature. It then discusses how we can think about relative thinking and formalize this behavior. Later, the article addresses several related questions: why do people exhibit relative thinking, whether it is beneficial to do so, and whether experience and education can change relative thinking. Finally, the article explains why firms seem to respond to relative thinking of consumers, and raises additional implications of relative thinking for economics and management." @default.
- W3021406403 created "2020-05-13" @default.
- W3021406403 creator A5004747591 @default.
- W3021406403 date "2005-04-09" @default.
- W3021406403 modified "2023-09-27" @default.
- W3021406403 title "Relative Thinking Theory" @default.
- W3021406403 hasPublicationYear "2005" @default.
- W3021406403 type Work @default.
- W3021406403 sameAs 3021406403 @default.
- W3021406403 citedByCount "0" @default.
- W3021406403 crossrefType "posted-content" @default.
- W3021406403 hasAuthorship W3021406403A5004747591 @default.
- W3021406403 hasConcept C111472728 @default.
- W3021406403 hasConcept C118084267 @default.
- W3021406403 hasConcept C138885662 @default.
- W3021406403 hasConcept C15744967 @default.
- W3021406403 hasConcept C162324750 @default.
- W3021406403 hasConcept C2777487392 @default.
- W3021406403 hasConceptScore W3021406403C111472728 @default.
- W3021406403 hasConceptScore W3021406403C118084267 @default.
- W3021406403 hasConceptScore W3021406403C138885662 @default.
- W3021406403 hasConceptScore W3021406403C15744967 @default.
- W3021406403 hasConceptScore W3021406403C162324750 @default.
- W3021406403 hasConceptScore W3021406403C2777487392 @default.
- W3021406403 hasLocation W30214064031 @default.
- W3021406403 hasOpenAccess W3021406403 @default.
- W3021406403 hasPrimaryLocation W30214064031 @default.
- W3021406403 hasRelatedWork W146933705 @default.
- W3021406403 hasRelatedWork W1484098570 @default.
- W3021406403 hasRelatedWork W150445890 @default.
- W3021406403 hasRelatedWork W1517764544 @default.
- W3021406403 hasRelatedWork W1549095838 @default.
- W3021406403 hasRelatedWork W1588321829 @default.
- W3021406403 hasRelatedWork W1974132134 @default.
- W3021406403 hasRelatedWork W1994115768 @default.
- W3021406403 hasRelatedWork W2028950824 @default.
- W3021406403 hasRelatedWork W2045720519 @default.
- W3021406403 hasRelatedWork W2061646793 @default.
- W3021406403 hasRelatedWork W2085415343 @default.
- W3021406403 hasRelatedWork W2159956570 @default.
- W3021406403 hasRelatedWork W2171453345 @default.
- W3021406403 hasRelatedWork W2185131293 @default.
- W3021406403 hasRelatedWork W2352075828 @default.
- W3021406403 hasRelatedWork W2565602589 @default.
- W3021406403 hasRelatedWork W2622437455 @default.
- W3021406403 hasRelatedWork W3015406511 @default.
- W3021406403 hasRelatedWork W3148412391 @default.
- W3021406403 isParatext "false" @default.
- W3021406403 isRetracted "false" @default.
- W3021406403 magId "3021406403" @default.
- W3021406403 workType "article" @default.