Reliance on small samples and the value of taxing reckless behaviors

New technology can be used to enhance safety by imposing costs, or taxes, on certain reckless behaviors. The current paper presents two pre-registered experiments that clarify the impact of taxation of this type on decisions from experience between three alternatives. Experiment 1 focuses on an envi...

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Bibliographic Details
Main Authors: Ofir Yakobi, Doron Cohen, Eitan Naveh, Ido Erev
Format: Article
Language:English
Published: Cambridge University Press 2020-03-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500007403/type/journal_article