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What impacts the impact of rare events
Authors:Ido Erev  Ira Glozman  Ralph Hertwig
Institution:(1) The Max Wertheimer Minerva Center for Cognitive Studies, Faculty of Industrial Engineering and Management, Technion—Israel Institute of Technology, Haifa, 32000, Israel;(2) Department of Psychology, University of Basel, Basel, Switzerland
Abstract:
Keywords:Allais Paradox  Cumulative prospect theory  Decision weights  Decisions from experience  Mere presentation  Context effect
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