According to a common conception in behavioral decision research, two cognitive
processes—overestimation and overweighting—operate to increase the impact of rare …

The rationality assumption that underlies mainstream economic theory has proved to be a
useful approximation, despite the fact that systematic violations to its predictions can be …

Experimental studies of choice behavior document distinct, and sometimes contradictory,
deviations from maximization. For example, people tend to overweight rare events in 1-shot …

Four studies demonstrate the importance of self-regulatory mechanisms for understanding
risk-seeking behavior under loss. Findings suggest that risk seeking becomes a motivational …

Abstract Erev, Ert, and Roth organized three choice prediction competitions focused on three
related choice tasks: One shot decisions from description (decisions under risk), one shot …

В статье критически проанализирована политика монетарного стиму лирования,
предлагаемая Столыпинским клубом и другими экспертами. Обсуждаются …

Digital overuse on mobile devices is a growing problem in everyday life. This paper
describes a generalizable mobile intervention that combines nudge theory and negative …

Straight Choices provides a fascinating introduction to the psychology of decision making,
enhanced by discussion of relevant examples of decision problems faced in everyday life …

Decision inertia is the tendency to repeat previous choices independently of the outcome,
which can give rise to perseveration in suboptimal choices. We investigate this tendency in …

Many behavioral phenomena, including underweighting of rare events and probability
matching, can be the product of a tendency to rely on small samples of experiences. Why …