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Questions tagged [economics]

For questions about the effects of psychology on the production, distribution, and consumption of goods and services in large populations. For questions about small groups or individuals, consider the tag consumer-psychology.

19
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2answers
1k views

What are popular rationalist responses to Tversky & Shafir?

In the early 90s Tversky & Shafir observed several violations of rationality in human participants, in particular violation of the disjunction effect and sure-thing principle. This has lead to ...
5
votes
1answer
307 views

Are people more likely to pick the odd one out?

I was wondering if there has been any research to suggest that when given a list of options to choose from, people are more likely to pick an option if it looks different to the other options? My ...