Biased expectations about future choice options predict sequential economic decisions
Abstract Considerable research has shown that people make biased decisions in “optimal stopping problems”, where options are encountered sequentially, and there is no opportunity to recall rejected options or to know upcoming options in advance (e.g. when flat hunting or choosing a spouse). Here, we...
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| Main Authors: | Didrika S. van de Wouw, Ryan T. McKay, Nicholas Furl |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Nature Portfolio
2024-12-01
|
| Series: | Communications Psychology |
| Online Access: | https://doi.org/10.1038/s44271-024-00172-8 |
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