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: | Loomes Graham |
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.