How costs affect preferences: experiments on state dependence, hedonic state and within-trial contrast in starlings
We examined how starlings, Sturnus vulgaris, adjust preferences to retrospective sunk costs in either time or work. Ideal decision-makers disregard sunk costs, but under some circumstances animals, like humans, prefer normally costlier rewards when they do not have to pay the costs. We argue that a...
| Principais autores: | , , |
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| Formato: | Journal article |
| Idioma: | English |
| Publicado em: |
2011
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