Predicted violations of the invariance principle in choice under uncertainty

Predicted violations of the invariance principle in choice under uncertainty

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Article ID: iaor1989272
Country: Switzerland
Volume: 19
Start Page Number: 103
End Page Number: 113
Publication Date: May 1989
Journal: Annals of Operations Research
Authors:
Abstract:

A basic and distinctive prediction of regret theory is that certain variations in the juxtaposition of the consequences of alternative actions will tend to affect preferences between them in a particular way. This paper presents a body of experimental evidence which tests that prediction.

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