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On decision making without likelihood judgment

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  • Rottenstreich, Yuval
  • Kivetz, Ran

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  • Rottenstreich, Yuval & Kivetz, Ran, 2006. "On decision making without likelihood judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 101(1), pages 74-88, September.
  • Handle: RePEc:eee:jobhdp:v:101:y:2006:i:1:p:74-88
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    References listed on IDEAS

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    1. Loewenstein, George, 1996. "Out of Control: Visceral Influences on Behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 65(3), pages 272-292, March.
    2. Erev, Ido & Roth, Alvin E, 1998. "Predicting How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria," American Economic Review, American Economic Association, vol. 88(4), pages 848-881, September.
    3. Klein, Gary & Wolf, Steve & Militello, Laura & Zsambok, Caroline, 1995. "Characteristics of Skilled Option Generation in Chess," Organizational Behavior and Human Decision Processes, Elsevier, vol. 62(1), pages 63-69, April.
    4. Daniel Kahneman & Dan Lovallo, 1993. "Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking," Management Science, INFORMS, vol. 39(1), pages 17-31, January.
    5. Hogarth, Robin M & Kunreuther, Howard, 1995. "Decision Making under Ignorance: Arguing with Yourself," Journal of Risk and Uncertainty, Springer, vol. 10(1), pages 15-36, January.
    6. Rettinger, David A. & Hastie, Reid, 2001. "Content Effects on Decision Making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 85(2), pages 336-359, July.
    7. Elke U. Weber & Daniel R. Ames & Ann-Renee Blais, 2004. "How Do I Choose Thee? Let me Count the Ways': A Textual Analysis of Similarities and Differences in Modes of Decision-making in China and the United States," Management and Organization Review, International Association of Chinese Management Research, vol. 1(1), pages 87-118, June.
    8. Roth, Alvin E. & Erev, Ido, 1995. "Learning in extensive-form games: Experimental data and simple dynamic models in the intermediate term," Games and Economic Behavior, Elsevier, vol. 8(1), pages 164-212.
    9. Ran Kivetz, 2003. "The Effects of Effort and Intrinsic Motivation on Risky Choice," Marketing Science, INFORMS, vol. 22(4), pages 477-502, December.
    10. Colin Camerer & Teck-Hua Ho, 1999. "Experience-weighted Attraction Learning in Normal Form Games," Econometrica, Econometric Society, vol. 67(4), pages 827-874, July.
    11. James G. March & Zur Shapira, 1987. "Managerial Perspectives on Risk and Risk Taking," Management Science, INFORMS, vol. 33(11), pages 1404-1418, November.
    12. Baron, Jonathan & Spranca, Mark, 1997. "Protected Values," Organizational Behavior and Human Decision Processes, Elsevier, vol. 70(1), pages 1-16, April.
    13. Erev, Ido & Bornstein, Gary & Wallsten, Thomas S., 1993. "The Negative Effect of Probability Assessments on Decision Quality," Organizational Behavior and Human Decision Processes, Elsevier, vol. 55(1), pages 78-94, June.
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    Cited by:

    1. Carlson, Kurt A. & Shu, Suzanne B., 2007. "The rule of three: How the third event signals the emergence of a streak," Organizational Behavior and Human Decision Processes, Elsevier, vol. 104(1), pages 113-121, September.
    2. A. Peter McGraw & Eldar Shafir & Alexander Todorov, 2010. "Valuing Money and Things: Why a $20 Item Can Be Worth More and Less Than $20," Management Science, INFORMS, vol. 56(5), pages 816-830, May.
    3. Belnap, Andrew & Welsch, Anthony & Williams, Braden, 2023. "Remote tax authority," Journal of Accounting and Economics, Elsevier, vol. 75(2).
    4. Andras Molnar & Alex Moore & Carman Fowler & George Wu, 2023. "Seen and not seen: How people judge ambiguous behavior during the COVID-19 pandemic," Journal of Risk and Uncertainty, Springer, vol. 66(2), pages 141-159, April.
    5. Tal Shavit & Mosi Rosenboim & Yaniv Shani, 2013. "What is more important, the outcome or the probability?," Applied Economics Letters, Taylor & Francis Journals, vol. 20(2), pages 127-130, February.
    6. Christopher K. Hsee & Yuval Rottenstreich & Alois Stutzer, 2012. "Suboptimal choices and the need for experienced individual well-being in economic analysis," International Journal of Happiness and Development, Inderscience Enterprises Ltd, vol. 1(1), pages 63-85.
    7. Natalya Miheyeva, 2010. "Group Preparedness For Risk In The Environment Of Social Instability," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 6(3), pages 98-102, October.
    8. Hamilton, Ryan & Vohs, Kathleen D. & Sellier, Anne-Laure & Meyvis, Tom, 2011. "Being of two minds: Switching mindsets exhausts self-regulatory resources," Organizational Behavior and Human Decision Processes, Elsevier, vol. 115(1), pages 13-24, May.
    9. Jayson S. Jia & Uzma Khan & Ab Litt, 2015. "The Effect of Self-Control on the Construction of Risk Perceptions," Management Science, INFORMS, vol. 61(9), pages 2259-2280, September.
    10. Jianping Li & Xiaolei Sun & Fei Wang & Dengsheng Wu, 2015. "Risk integration and optimization of oil-importing maritime system: a multi-objective programming approach," Annals of Operations Research, Springer, vol. 234(1), pages 57-76, November.
    11. Mihejeva, Natalja, 2010. "Group preparedness for risk in the environment of social instability," Perspectives of Innovations, Economics and Business (PIEB), Prague Development Center (PRADEC), vol. 6(3), pages 1-5, October.
    12. Adrian R. Camilleri & Ben R. Newell, 2009. "The role of representation in experience-based choice," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 4(7), pages 518-529, December.
    13. repec:cup:judgdm:v:4:y:2009:i:7:p:518-529 is not listed on IDEAS
    14. Peter Fraser‐Mackenzie & Ming‐Chien Sung & Johnnie E.V. Johnson, 2014. "Toward an Understanding of the Influence of Cultural Background and Domain Experience on the Effects of Risk‐Pricing Formats on Risk Perception," Risk Analysis, John Wiley & Sons, vol. 34(10), pages 1846-1869, October.
    15. Gary E. Bolton & Elena Katok, 2018. "Cry Wolf or Equivocate? Credible Forecast Guidance in a Cost-Loss Game," Management Science, INFORMS, vol. 64(3), pages 1440-1457, March.

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