Relativistic financial decisions: Context effects on retirement saving and investment risk preferences
We report a study of the effects the choice set on financial decision making related to retirement savings and risky investment. The participants were presented with either a full range of choice options or a limited subset of the feasible options. The choices of saving and risk are affected by the...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2007-10-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500000619/type/journal_article |