| 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 |