Dishonestly increasing the likelihood of winning
People not only seek to avoid losses or secure gains; they also attempt to create opportunities for obtaining positive outcomes. When distributing money between gambles with equal probabilities, people often invest in turning negative gambles into positive ones, even at a cost of reduced expected va...
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| Format: | Article |
| Language: | English |
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Cambridge University Press
2012-05-01
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| Series: | Judgment and Decision Making |
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| Online Access: | http://journal.sjdm.org/12/12117a/jdm12117a.pdf |