The Magnitude and “Peanuts” Effects: Searching Implications
The framework of this paper is the field of decision-making processes in which people face the choice between probabilistic and dated rewards. Traditionally, the preferences for probabilistic outcomes have been analyzed by the Expected Utility (EU) model whilst the preferences for dated rewards have...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Frontiers Media S.A.
2018-08-01
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Series: | Frontiers in Applied Mathematics and Statistics |
Subjects: | |
Online Access: | https://www.frontiersin.org/article/10.3389/fams.2018.00036/full |