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High-value decisions are fast and accurate, inconsistent with diminishing value sensitivity

It is a widely held belief that people’s choices are less sensitive to changes in value as value increases. For example, the subjective difference between $11 and $12 is believed to be smaller than between $1 and $2. This idea is consistent with applications of the Weber-Fechner Law and divisive nor...

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Detalles Bibliográficos
Autores principales: Shevlin, Blair R. K., Smith, Stephanie M., Hausfeld, Jan, Krajbich, Ian
Formato: Online Artículo Texto
Lenguaje:English
Publicado: National Academy of Sciences 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8832986/
https://www.ncbi.nlm.nih.gov/pubmed/35105801
http://dx.doi.org/10.1073/pnas.2101508119