Reconsidering the common ratio effect: the roles of compound independence, reduction, and coalescing

DOI10.1007/s11238-014-9456-xzbMath1304.91061OpenAlexW2009699226MaRDI QIDQ490068

Christian Seidl, Ulrich Schmidt

Publication date: 21 January 2015

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

Full work available at URL: http://hdl.handle.net/10419/98412

zbMATH Keywords

reductionAllais paradoxbranch splittingcoalescingcommon ratio effectcompound independenceevent splittingisolation effect

Mathematics Subject Classification ID

Decision theory (91B06) Experimental studies (91A90)

Related Items (3)

Violations of coalescing in parametric utility measurement ⋮ Indistinguishability of small probabilities, subproportionality, and the common ratio effect ⋮ The Impact of Learning by Thought on Violations of Independence and Coalescing

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