Do people reason when they accept tricky offers? A case of approach and avoidance motivated reasoning
Author
Abstract
Suggested Citation
DOI: 10.1016/j.joep.2016.08.006
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Davidsson, Per & Wahlund, Richard, 1992. "A note on the failure to use negative information," Journal of Economic Psychology, Elsevier, vol. 13(2), pages 343-353, June.
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Lunt, Peter, 1996. "Rethinking the relationship between economics and psychology," Journal of Economic Psychology, Elsevier, vol. 17(2), pages 275-287, April.
- Baron, Jonathan & Beattie, Jane & Hershey, John C., 1988. "Heuristics and biases in diagnostic reasoning : II. Congruence, information, and certainty," Organizational Behavior and Human Decision Processes, Elsevier, vol. 42(1), pages 88-110, August.
- Robin Hogarth, 2005.
"The challenge of representative design in psychology and economics,"
Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(2), pages 253-263.
- Robin Hogarth, 2004. "The challenge of representative design in psychology and economics," Economics Working Papers 751, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2005.
- Charles S. Taber & Milton Lodge, 2006. "Motivated Skepticism in the Evaluation of Political Beliefs," American Journal of Political Science, John Wiley & Sons, vol. 50(3), pages 755-769, July.
- Daniel Kahneman, 2003. "A Psychological Perspective on Economics," American Economic Review, American Economic Association, vol. 93(2), pages 162-168, May.
- Ravaja, Niklas & Korhonen, Pekka & Köksalan, Murat & Lipsanen, Jari & Salminen, Mikko & Somervuori, Outi & Wallenius, Jyrki, 2016. "Emotional–motivational responses predicting choices: The role of asymmetrical frontal cortical activity," Journal of Economic Psychology, Elsevier, vol. 52(C), pages 56-70.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ana B. Ruiz & Francisco Ruiz & Kaisa Miettinen & Laura Delgado-Antequera & Vesa Ojalehto, 2019. "NAUTILUS Navigator: free search interactive multiobjective optimization without trading-off," Journal of Global Optimization, Springer, vol. 74(2), pages 213-231, June.
- Elisabeth Vollmer & Daniel Hermann & Oliver Musshoff, 2019.
"The disposition effect in farmers’ selling behavior: an experimental investigation,"
Agricultural Economics, International Association of Agricultural Economists, vol. 50(2), pages 177-189, March.
- Vollmer, Elisabeth & Hermann, Daniel & Mußhoff, Oliver, 2017. "The disposition effect in farmers' selling behavior – an experimental investigation," Department of Agricultural and Rural Development (DARE) Discussion Papers 260767, Georg-August-Universitaet Goettingen, Department of Agricultural Economics and Rural Development (DARE).
- Vollmer, Elisabeth & Hermann, Daniel & Mußhoff, Oliver, 2017. "The disposition effect in farmers' selling behavior: An experimental investigation," DARE Discussion Papers 1701, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
- Brzezicka Justyna & Wisniewski Radosław, 2014. "Price Bubble In The Real Estate Market - Behavioral Aspects," Real Estate Management and Valuation, Sciendo, vol. 22(1), pages 77-90, March.
- Cox, James C. & Sadiraj, Vjollca, 2006.
"Small- and large-stakes risk aversion: Implications of concavity calibration for decision theory,"
Games and Economic Behavior, Elsevier, vol. 56(1), pages 45-60, July.
- James C. Cox & Vjollca Sadiraj, 2007. "Small- and Large-Stakes Risk Aversion: Implications of Concavity Calibration for Decision Theory," Experimental Economics Center Working Paper Series 2006-03, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
- Willman, Alpo, 2007. "Sequential optimization, front-loaded information, and U.S. consumption," Working Paper Series 765, European Central Bank.
- Clark Briggs & Patrick Little, 2008. "Impacts of Organizational Culture and Personality Traits on Decision‐making in Technical Organizations," Systems Engineering, John Wiley & Sons, vol. 11(1), pages 15-26, March.
- Bond, Samuel D. & Carlson, Kurt A. & Meloy, Margaret G. & Russo, J. Edward & Tanner, Robin J., 2007. "Information distortion in the evaluation of a single option," Organizational Behavior and Human Decision Processes, Elsevier, vol. 102(2), pages 240-254, March.
- Daniele SCHILIRÒ, 2013.
"Bounded Rationality: Psychology, Economics And The Financial Crises,"
Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 4(1), pages 97-108.
- Schilirò, Daniele, 2012. "Bounded rationality: psychology, economics and the financial crisis," MPRA Paper 40280, University Library of Munich, Germany.
- Schilirò, Daniele, 2013. "Bounded rationality:psychology, economics and the financial crises," MPRA Paper 83721, University Library of Munich, Germany, revised 2013.
- David Gill & Victoria Prowse, 2012.
"A Structural Analysis of Disappointment Aversion in a Real Effort Competition,"
American Economic Review, American Economic Association, vol. 102(1), pages 469-503, February.
- Gill, David & Prowse, Victoria L., 2009. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," IZA Discussion Papers 4536, Institute of Labor Economics (IZA).
- Victoria Prowse & David Gill, 2009. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," Economics Series Working Papers 448, University of Oxford, Department of Economics.
- David Gill & Victoria Prowse, 2011. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," Discussion Papers 2011001, University of Oxford, Nuffield College.
- Steven Beckman & Lanxin Chen & Greg DeAngelo & W. James Smith & Xieting Zhang, 2011. "Microeconomics and Psychology," The Journal of Economic Education, Taylor & Francis Journals, vol. 42(3), pages 255-269, July.
- Hobman, Elizabeth V. & Frederiks, Elisha R. & Stenner, Karen & Meikle, Sarah, 2016. "Uptake and usage of cost-reflective electricity pricing: Insights from psychology and behavioural economics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 455-467.
- Ardalan, Kavous, 2018. "Neurofinance versus the efficient markets hypothesis," Global Finance Journal, Elsevier, vol. 35(C), pages 170-176.
- Gowdy, John M., 2008. "Behavioral economics and climate change policy," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 632-644, December.
- Michael Osti & Johannes Steyrer, 2017. "A perspective on the health care expenditures for defensive medicine," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 18(4), pages 399-404, May.
- Margit Osterloh, 2007. "Psychologische Ökonomik: Integration statt Konfrontation," Schmalenbach Journal of Business Research, Springer, vol. 59(56), pages 82-111, January.
- Han Bleichrodt & Jason N. Doctor & Yu Gao & Chen Li & Daniella Meeker & Peter P. Wakker, 2019. "Resolving Rabin’s paradox," Journal of Risk and Uncertainty, Springer, vol. 59(3), pages 239-260, December.
- Laura N. Rickard, 2021. "Pragmatic and (or) Constitutive? On the Foundations of Contemporary Risk Communication Research," Risk Analysis, John Wiley & Sons, vol. 41(3), pages 466-479, March.
- Juan Carlos de Pablo, 2004. "La economía como proceso decisorio. Reseña de ideas ajenas," CEMA Working Papers: Serie Documentos de Trabajo. 263, Universidad del CEMA.
- repec:imp:wpaper:12579 is not listed on IDEAS
- Justyna Brzezicka & Radosław Wisniewski, 2014. "Homo Oeconomicus and Behavioral Economics," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 8(4), December.
- Dharshing, Samdruk & Hille, Stefanie Lena & Wüstenhagen, Rolf, 2017. "The Influence of Political Orientation on the Strength and Temporal Persistence of Policy Framing Effects," Ecological Economics, Elsevier, vol. 142(C), pages 295-305.
More about this item
Keywords
Cheating; Reasoning; Approach/avoidance; Confirmation bias; Motivation;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joepsy:v:57:y:2016:i:c:p:26-38. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/joep .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.