The price of gaining: maximization in decision-making, regret and life satisfaction

Maximizers attempt to find the best solution in decision-making, while satisficers feel comfortable with a good enough solution. Recent results pointed out some critical aspects of this decision-making approach and some concerns about its measurement and dimensional structure. In addition to the an...

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Bibliographic Details
Main Authors: Emilio Moyano-Díaz, Agustín Martínez-Molina, Fernando P. Ponce
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2014-09-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/14/14717a/jdm14717a.pdf