The stochastic component in choice and regression to the mean

In this article, we illustrate experimentally an important consequence of the stochastic component in choice behaviour which has not been acknowledged so far. Namely, its potential to produce ‘regression to the mean’ (RTM) effects. We employ a novel approach to individual choice under risk, based on...

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Bibliographic details
Volume: 71
Main Author: García-Gallego, Aurora
Georgantzís, Nikolaos
Navarro-Martínez, Daniel
Sabater-Grande, Gerardo
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Boston Springer US 01.08.2011
SPRINGER
Springer
published in: Theory and decision Vol. 71; no. 2; pp. 251 - 267
ORCID: 0000-0002-4698-563X
0000-0003-4126-1680
0000-0002-9697-5368
Data of publication: 20110800
ISSN: 0040-5833
1573-7187
EISSN: 1573-7187
Discipline: Philosophy
Social Sciences (General)
Economics
Applied Sciences
Subjects:
Online Access: Fulltext
CODEN: THDCBA
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2011
Pascal-Francis
CrossRef
Academic OneFile (A&I only)
Database information Databases - DBIS