Matches in SemOpenAlex for { <https://semopenalex.org/work/W3195220248> ?p ?o ?g. }
- W3195220248 endingPage "521" @default.
- W3195220248 startingPage "499" @default.
- W3195220248 abstract "Abstract Widespread evidence from psychology and neuroscience documents that previous choices unconditionally increase the later desirability of chosen objects, even if those choices were uninformative. This is problematic for economists who use choice data to estimate latent preferences, demand functions, and social welfare. The evidence on this mere choice effect , however, exhibits serious shortcomings which prevent evaluating its possible relevance for economics. In this paper, we present a novel, parsimonious experimental design to test for the economic validity of the mere choice effect addressing these shortcomings. Our design uses well-defined, monetary lotteries, all decisions are incentivized, and we effectively randomize participants’ initial choices without relying on deception. Results from a large, pre-registered online experiment find no support for the mere choice effect. Our results challenge conventional wisdom outside economics. The mere choice effect does not seem to be a concern for economics, at least in the domain of decision making under risk." @default.
- W3195220248 created "2021-08-30" @default.
- W3195220248 creator A5023937506 @default.
- W3195220248 creator A5076333923 @default.
- W3195220248 date "2021-08-15" @default.
- W3195220248 modified "2023-09-30" @default.
- W3195220248 title "Does choice change preferences? An incentivized test of the mere choice effect" @default.
- W3195220248 cites W1125407600 @default.
- W3195220248 cites W1495684589 @default.
- W3195220248 cites W1582069046 @default.
- W3195220248 cites W1588591676 @default.
- W3195220248 cites W1963754789 @default.
- W3195220248 cites W1964652554 @default.
- W3195220248 cites W1984719944 @default.
- W3195220248 cites W1992558505 @default.
- W3195220248 cites W1999077228 @default.
- W3195220248 cites W1999943693 @default.
- W3195220248 cites W2004394537 @default.
- W3195220248 cites W2009993724 @default.
- W3195220248 cites W2012079702 @default.
- W3195220248 cites W2025806504 @default.
- W3195220248 cites W2034637506 @default.
- W3195220248 cites W2037557484 @default.
- W3195220248 cites W2044944116 @default.
- W3195220248 cites W2051913671 @default.
- W3195220248 cites W2056125794 @default.
- W3195220248 cites W2058327853 @default.
- W3195220248 cites W2079635562 @default.
- W3195220248 cites W2095919822 @default.
- W3195220248 cites W2096648510 @default.
- W3195220248 cites W2104193799 @default.
- W3195220248 cites W2105056080 @default.
- W3195220248 cites W2112412739 @default.
- W3195220248 cites W2115279337 @default.
- W3195220248 cites W2117065922 @default.
- W3195220248 cites W2117503214 @default.
- W3195220248 cites W2120902717 @default.
- W3195220248 cites W2122028729 @default.
- W3195220248 cites W2126340659 @default.
- W3195220248 cites W2138612226 @default.
- W3195220248 cites W2143098196 @default.
- W3195220248 cites W2143657092 @default.
- W3195220248 cites W2167769453 @default.
- W3195220248 cites W2171446547 @default.
- W3195220248 cites W2186320208 @default.
- W3195220248 cites W2189845364 @default.
- W3195220248 cites W2293374623 @default.
- W3195220248 cites W2302342719 @default.
- W3195220248 cites W2316181194 @default.
- W3195220248 cites W2323086467 @default.
- W3195220248 cites W2328848660 @default.
- W3195220248 cites W2333548830 @default.
- W3195220248 cites W2335054039 @default.
- W3195220248 cites W2344952903 @default.
- W3195220248 cites W2347004359 @default.
- W3195220248 cites W2421917313 @default.
- W3195220248 cites W2426595260 @default.
- W3195220248 cites W2494559574 @default.
- W3195220248 cites W2598541178 @default.
- W3195220248 cites W2640284505 @default.
- W3195220248 cites W2779206865 @default.
- W3195220248 cites W2908631121 @default.
- W3195220248 cites W2949102864 @default.
- W3195220248 cites W3022853033 @default.
- W3195220248 cites W3108276097 @default.
- W3195220248 cites W3121785658 @default.
- W3195220248 cites W3125283999 @default.
- W3195220248 cites W3125781781 @default.
- W3195220248 cites W3126091160 @default.
- W3195220248 cites W3167872754 @default.
- W3195220248 cites W3191382355 @default.
- W3195220248 cites W4243177274 @default.
- W3195220248 cites W4243419638 @default.
- W3195220248 cites W4244209671 @default.
- W3195220248 cites W4244594234 @default.
- W3195220248 cites W4245280887 @default.
- W3195220248 cites W4249399694 @default.
- W3195220248 cites W4254290919 @default.
- W3195220248 cites W4254376918 @default.
- W3195220248 cites W4300107936 @default.
- W3195220248 cites W4313429328 @default.
- W3195220248 doi "https://doi.org/10.1007/s10683-021-09728-5" @default.
- W3195220248 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/37416503" @default.
- W3195220248 hasPublicationYear "2021" @default.
- W3195220248 type Work @default.
- W3195220248 sameAs 3195220248 @default.
- W3195220248 citedByCount "1" @default.
- W3195220248 countsByYear W31952202482023 @default.
- W3195220248 crossrefType "journal-article" @default.
- W3195220248 hasAuthorship W3195220248A5023937506 @default.
- W3195220248 hasAuthorship W3195220248A5076333923 @default.
- W3195220248 hasBestOaLocation W31952202481 @default.
- W3195220248 hasConcept C109574028 @default.
- W3195220248 hasConcept C118084267 @default.
- W3195220248 hasConcept C151730666 @default.
- W3195220248 hasConcept C15744967 @default.
- W3195220248 hasConcept C158154518 @default.
- W3195220248 hasConcept C162324750 @default.