Beyond monetary outcomes: the probability-range reflection effect across decision domains
Abstract The reflection effect, a key component of prospect theory, highlights the reversal of risk preferences when decision outcomes change from gains to losses. The effect’s potential pervasiveness and impact on everyday decision-making necessitates a nuanced characterization. As emerging evidenc...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2025-08-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-025-05585-2 |
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