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Author:Hsee, C. K. (et. al)
Title:Lay rationalism and inconsistency between predicted experience and decision
Journal:Journal of Behavioral Decision Making
2003 : VOL. 16:4, p. 257-272
Index terms:CONSUMPTION
DECISION MAKING
RATIONALITY
UTILITY FUNCTIONS
Language:eng
Abstract:Latter-day research presents that people who make decisions often overly focus on rationalistic attributes for example economic values, quantitative functions and specifications. In support of this proposition, the authorĀ“s of this article try to find a systematic inconsistency between predicted decision and experience. Also the predicted contribution of this work to decision utilities is discussed.
SCIMA record nr: 255141
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