Matches in SemOpenAlex for { <https://semopenalex.org/work/W4297071375> ?p ?o ?g. }
- W4297071375 endingPage "102553" @default.
- W4297071375 startingPage "102553" @default.
- W4297071375 abstract "Skew-symmetric additive decision theories such as salience theory assume that individuals adhere to Savage’s sure-thing principle. The present paper investigates that assumption in an incentivized lab experiment using Allais-type choice problems with subjective probabilities. Real-world events are employed to implement an easy-to-understand correlation structure between outcomes. We control for the role of display formats by presenting each choice problem in a coalesced format and an event-splitting format that clearly reveals the state space and the underlying correlation structure to subjects. We find the Allais paradox to be present in both display formats, which contradicts the rationale of skew-symmetric additive models such as salience theory. Because of significant event-splitting effects, Allais-type preferences are more pronounced in the coalesced format. The event-splitting effects obtained suggest that subjects assign a higher value to a lottery when the event of disbursement of its upside payoff is split into subevents. This holds both when event-splitting helps to unveil the state space and when it does not. Previous findings on correlated versions of the Allais paradox can be explained partially by event-splitting rather than correlation." @default.
- W4297071375 created "2022-09-26" @default.
- W4297071375 creator A5010353083 @default.
- W4297071375 date "2022-12-01" @default.
- W4297071375 modified "2023-10-09" @default.
- W4297071375 title "An experimental investigation of the Allais paradox with subjective probabilities and correlated outcomes" @default.
- W4297071375 cites W1607142039 @default.
- W4297071375 cites W1982566229 @default.
- W4297071375 cites W1983856496 @default.
- W4297071375 cites W1989607596 @default.
- W4297071375 cites W2008366535 @default.
- W4297071375 cites W2013527265 @default.
- W4297071375 cites W2015368580 @default.
- W4297071375 cites W2040689732 @default.
- W4297071375 cites W2041946752 @default.
- W4297071375 cites W2047782660 @default.
- W4297071375 cites W2104865599 @default.
- W4297071375 cites W2114188891 @default.
- W4297071375 cites W2120914623 @default.
- W4297071375 cites W2126507864 @default.
- W4297071375 cites W2130872587 @default.
- W4297071375 cites W2132061621 @default.
- W4297071375 cites W2133548696 @default.
- W4297071375 cites W2134326614 @default.
- W4297071375 cites W2140619986 @default.
- W4297071375 cites W2145964516 @default.
- W4297071375 cites W2150210521 @default.
- W4297071375 cites W2159431180 @default.
- W4297071375 cites W2162369862 @default.
- W4297071375 cites W2166236773 @default.
- W4297071375 cites W2333311386 @default.
- W4297071375 cites W2611927355 @default.
- W4297071375 cites W3011865677 @default.
- W4297071375 cites W3081783885 @default.
- W4297071375 cites W3087846925 @default.
- W4297071375 cites W3122799828 @default.
- W4297071375 cites W3130781303 @default.
- W4297071375 cites W3179958725 @default.
- W4297071375 cites W4206278878 @default.
- W4297071375 cites W4232529929 @default.
- W4297071375 cites W4253101249 @default.
- W4297071375 cites W4293163941 @default.
- W4297071375 doi "https://doi.org/10.1016/j.joep.2022.102553" @default.
- W4297071375 hasPublicationYear "2022" @default.
- W4297071375 type Work @default.
- W4297071375 citedByCount "0" @default.
- W4297071375 crossrefType "journal-article" @default.
- W4297071375 hasAuthorship W4297071375A5010353083 @default.
- W4297071375 hasConcept C105795698 @default.
- W4297071375 hasConcept C108154423 @default.
- W4297071375 hasConcept C121332964 @default.
- W4297071375 hasConcept C136028653 @default.
- W4297071375 hasConcept C144237770 @default.
- W4297071375 hasConcept C149782125 @default.
- W4297071375 hasConcept C15744967 @default.
- W4297071375 hasConcept C180747234 @default.
- W4297071375 hasConcept C205706631 @default.
- W4297071375 hasConcept C22171661 @default.
- W4297071375 hasConcept C2777340749 @default.
- W4297071375 hasConcept C2779662365 @default.
- W4297071375 hasConcept C33923547 @default.
- W4297071375 hasConcept C41008148 @default.
- W4297071375 hasConcept C43711488 @default.
- W4297071375 hasConcept C62520636 @default.
- W4297071375 hasConcept C76155785 @default.
- W4297071375 hasConcept C77805123 @default.
- W4297071375 hasConceptScore W4297071375C105795698 @default.
- W4297071375 hasConceptScore W4297071375C108154423 @default.
- W4297071375 hasConceptScore W4297071375C121332964 @default.
- W4297071375 hasConceptScore W4297071375C136028653 @default.
- W4297071375 hasConceptScore W4297071375C144237770 @default.
- W4297071375 hasConceptScore W4297071375C149782125 @default.
- W4297071375 hasConceptScore W4297071375C15744967 @default.
- W4297071375 hasConceptScore W4297071375C180747234 @default.
- W4297071375 hasConceptScore W4297071375C205706631 @default.
- W4297071375 hasConceptScore W4297071375C22171661 @default.
- W4297071375 hasConceptScore W4297071375C2777340749 @default.
- W4297071375 hasConceptScore W4297071375C2779662365 @default.
- W4297071375 hasConceptScore W4297071375C33923547 @default.
- W4297071375 hasConceptScore W4297071375C41008148 @default.
- W4297071375 hasConceptScore W4297071375C43711488 @default.
- W4297071375 hasConceptScore W4297071375C62520636 @default.
- W4297071375 hasConceptScore W4297071375C76155785 @default.
- W4297071375 hasConceptScore W4297071375C77805123 @default.
- W4297071375 hasLocation W42970713751 @default.
- W4297071375 hasOpenAccess W4297071375 @default.
- W4297071375 hasPrimaryLocation W42970713751 @default.
- W4297071375 hasRelatedWork W1973482808 @default.
- W4297071375 hasRelatedWork W2001891532 @default.
- W4297071375 hasRelatedWork W2077040616 @default.
- W4297071375 hasRelatedWork W2164350974 @default.
- W4297071375 hasRelatedWork W2613559992 @default.
- W4297071375 hasRelatedWork W2748952813 @default.
- W4297071375 hasRelatedWork W2899084033 @default.
- W4297071375 hasRelatedWork W3123322831 @default.
- W4297071375 hasRelatedWork W4256041118 @default.
- W4297071375 hasRelatedWork W636947431 @default.
- W4297071375 hasVolume "93" @default.