Factors Affecting Probability Matching Behavior
In life, people commonly face repeated decisions under risk or uncertainty. While normative economic models assume that people tend to make choices that maximize their expected utility, suboptimal behavior - in particular, probability matching - is frequently observed in research on repeated decisio...
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| Language: | English |
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2013
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| Online Access: | https://doi.org/10.7916/D8SF33J6 |