Spektor, Mikhail; Wulff, Dirk U.(Cambridge University Press, 2021)
Governments use taxes to discourage undesired behaviors and encourage desired ones. One target of such interventions is reckless behavior, such as texting while driving, which in most cases is harmless but sometimes leads ...
Contextual features influence human and non-human decision making, giving rise to preference reversals. Decades of research have documented the species and situations in which these effects are observed. More recently, ...
Humans and other animals often violate economic principles when choosing between multiple alternatives, but the underlying neurocognitive mechanisms remain elusive. A robust finding is that adding a third option can alter ...
Spektor, Mikhail; Seidler, Hannah(Cambridge University Press, 2023)
According to normative decision-making theories, the composition of a choice set should not affect people’s preferences regarding the different options. This assumption contrasts with decades of research that have identified ...
