When choices are mistakes (Record no. 520662)

000 -LEADER
fixed length control field 01062nam a22001457a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 220930b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Nielsen, Kirby and Rehbeck, John
245 ## - TITLE STATEMENT
Title When choices are mistakes
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc The American Economic Review
300 ## - PHYSICAL DESCRIPTION
Extent 112(7), Jul, 2022: p.2237-2268
520 ## - SUMMARY, ETC.
Summary, etc Using a laboratory experiment, we identify whether decision-makers consider it a mistake to violate canonical choice axioms. To do this, we incentivize subjects to report axioms they want their decisions to satisfy. Then, subjects make lottery choices which might conflict with their axiom preferences. In instances of conflict, we give subjects the opportunity to re-evaluate their decisions. We find that many individuals want to follow canonical axioms and revise their choices to be consistent with the axioms. In a shorter online experiment, we show correlations of mistakes with response times and measures of cognition. – Reproduced
773 ## - HOST ITEM ENTRY
Main entry heading The American Economic Review
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP DECISION MAKING
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2022-09-30 112(7), Jul, 2022: p.2237-2268 AR127245 2022-09-30 Articles

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