Regret aversion in reason-based choice

DOI10.1007/s11238-011-9269-0zbMath1260.91055OpenAlexW2166695805MaRDI QIDQ453648

Jochen Reb, Terry Connolly

Publication date: 27 September 2012

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://ink.library.smu.edu.sg/lkcsb_research/3155

zbMATH Keywords

regretdecoy effectaccept/reject effectdecision justificationmost important attribute effectreason-based choiceregret aversion

Mathematics Subject Classification ID

Decision theory (91B06) Management decision making, including multiple objectives (90B50)

Cites Work

• The affect heuristic
• A parallel between regret theory and outranking methods for multicriteria decision making under imprecise information
• The costs of deception: Evidence from psychology
• Choice by elimination
• Disappointment in Decision Making Under Uncertainty
• Disappointment and Dynamic Consistency in Choice under Uncertainty
• Regret in Decision Making under Uncertainty

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