000			01062nam a22001457a 4500
999			_c520662 _d520662
008			220930b ||||| |||| 00| 0 eng d
100			_aNielsen, Kirby and Rehbeck, John _934702
245			_aWhen choices are mistakes
260			_aThe American Economic Review
300			_a112(7), Jul, 2022: p.2237-2268
520			_aUsing 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			_aThe American Economic Review
906			_aDECISION MAKING
942			_cAR