Framing effects and risky decisions in starlings.

Animals are predominantly risk prone toward reward delays and risk averse toward reward amounts. Humans in turn tend to be risk-seeking for losses and risk averse for gains. To explain the human results, Prospect Theory postulates a convex utility for losses and concave utility for gains. In contras...

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Bibliográfalaš dieđut
Váldodahkkit: Marsh, B, Kacelnik, A
Materiálatiipa: Journal article
Giella:English
Almmustuhtton: 2002