Thinking, Fast and Slow
specifically, we propose that in Problem 5 people ignore the first phase, which yields the same outcome regardless of the decisi ...
Lichtenstein (1982) showed that a hypotheti ct arnative cal vaccine that reduces the probability of contracting a disease from 2 ...
implied by the statement of the problem. It is worthy of note that in other contexts people automatically transform equivalent m ...
can be framed as a minimal, topical, or comprehensive account. The minimal account includes only the differences between the two ...
gains and losses in relative rather than in absolute terms, resulting in large variations in the rate at which money is exchange ...
makes sense to think of the lost ticket as lost cash, but not vice versa. The normative status of the effects of mental accounti ...
and selling prices in both hypothetical and real transactions (Gregory 1983; Hammack and Brown 1974; Knetsch and Sinden 1984). T ...
a choice between a sure loss and the risk of a greater loss. In such cases the cost-loss discrepancy can lead to failures of inv ...
suggest, maintains the evaluation of the membership fee as a cost. If the individual were to stop playing, he would be forced to ...
complicates the relati ces maker won between decision values and experience values. The framing of outcomes often induces decisi ...
Wetlands: Toward Bioeconomic Analysis. Baltimore: Johns Hopkins University Press. Hershey, J. C., and P. J. H. Schoemaker. 1980. ...
Choice.” Journal of Economic Behavior and Organization 1: 39–60. ———. 1985. “Using Mental Accounting in a Theory of Consumer Beh ...
Also by Daniel Kahneman International Differences in Well-B f, aisan (written with Ed Diener and John F. Helliwell) Heuristics a ...
Acknowledgments I am fortunate to have many friends and no shame about asking for help. Every one of my friends has been approac ...
Notes Introduction prone to collect too few observations : We had read a book that criticized psychologists for using small samp ...
Moonwalking with Einstein: The Art and Science of Remembering (New York: Penguin Press, 2011). He presents work that is reviewed ...
words. The task is extremely difficult when the colored words are themselves names of color (e.g., GREEN printed in red, followe ...
American 212 (1965): 46–54. on the subject’s mind : The word subject reminds some people of subjugation and slavery, and the Ame ...
Psychology—General 139 (2010): 665–82. Joseph T. McGuire and Matthew M. Botvinick, “The Impact of Anticipated Demand on Attentio ...
cognitively busy: Daniel T. Gilbert, “How Mental Systems Believe,” American Psychologist 46 (1991): 107–19. C. Neil Macrae and G ...
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