Name: Context effects in risky decisions (en Inglés)
SKU: 65443864
Price: 62.59 USD
Availability: InStock
Author: Andrea Maguire
ISBN: 9786202418287

portada Context effects in risky decisions (en Inglés)

Context effects in risky decisions (en Inglés)

Formato

Libro Físico

Editorial

Our Knowledge Publishing

Autor

Andrea Maguire

Año

2025

Idioma

Inglés

N° páginas

148

Encuadernación

Tapa Blanda

Dimensiones

22x15 cm

ISBN13

9786202418287

Context effects in risky decisions (en Inglés)

Andrea Maguire (Autor) · Our Knowledge Publishing · Tapa Blanda

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Reseña del libro "Context effects in risky decisions (en Inglés)"

This paper deals with the topic of risky decisions. Different factors are correlated and their influence on decision-making behaviour is calculated using binary logistic regressions. Specifically, three different areas are considered: the economic area, the legal area and the health area. secondly, the objective problem orientation using opportunity and threat scenarios, and thirdly, three different payoffs and probabilities of consequences – referred to in this paper as number combinations – are examined using framing scenarios based on the formal model of the Asian Disease Problem. For this purpose, six questionnaire versions with six monetary decision situations each are created, which depict the individual factors in different combinations. In addition, the predictive power of eleven known heuristics is tested. The results show a significant influence of the area on decision-making behaviour. Furthermore, potential interactions with possible approaches for further studies are discussed.