Taking risks for the best: Maximizing and risk-taking tendencies
Maximizing is characterized by aspirations for the highest standards. The current study explored the relationship between maximizing and risk-taking tendencies in decisions subject to risk. We propose that people first refer to expectation (i.e., the overall utility expected from an alternative) whe...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2020-07-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/20/200118/jdm200118.pdf |