New tests of cumulative prospect theory and the priority heuristic
Previous tests of cumulative prospect theory (CPT) and of the priority heuristic (PH) found evidence contradicting these two models of risky decision making. However, those tests were criticized because they had characteristics that might ``trigger'' use of other heuristics. This paper pre...
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| Format: | Article |
| Language: | English |
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Society for Judgment and Decision Making
2008-04-01
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| Series: | Judgment and Decision Making |
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| Online Access: | http://journal.sjdm.org/jdm8107.pdf |