Violations of economic rationality due to irrelevant information during learning in decision from experience

According to normative decision-making theories, the composition of a choice set should not affect people’s preferences regarding the different options. This assumption contrasts with decades of research that have identified multiple situations in which this principle is violated, leading to context...

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Bibliographic Details
Main Authors: Mikhail S. Spektor, Hannah Seidler
Format: Article
Language:English
Published: Cambridge University Press 2022-03-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500009177/type/journal_article