The influence of the Ratio Bias phenomenon on the elicitation of Standard Gamble utilities
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- Paul C. Price & Teri V. Matthews, 2009. "From group diffusion to ratio bias: Effects of denominator and numerator salience on intuitive risk and likelihood judgments," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 4(6), pages 436-446, October.
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More about this item
Keywords
Framing effect; risk format; standard gamble; health state; dual-process theories.;All these keywords.
JEL classification:
- I10 - Health, Education, and Welfare - - Health - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-UPT-2006-07-15 (Utility Models and Prospect Theory)
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