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    Abstract: Decision making research has been revolutionized by prospect theory. In laboratory experiments, prospect theory captures human to code outcome perspectives as gains or losses relative to an individual reference point, by which... more
    Abstract: Decision making research has been revolutionized by prospect theory. In laboratory experiments, prospect theory captures human to code outcome perspectives as gains or losses relative to an individual reference point, by which decisions are anchored. Prospect theory's core finding that monetary losses loom larger than gains has been generalized in many domains; yet not been tested for social status changes. Social status striving has been subject to social sciences' research for a long time but until today we ...
    Abstract: When individuals judge alternative choices, their decision making differs if alternatives are presented one-at-a-time or evaluated as combined bundle. The presentation of alternatives concurrently improves decision making... more
    Abstract: When individuals judge alternative choices, their decision making differs if alternatives are presented one-at-a-time or evaluated as combined bundle. The presentation of alternatives concurrently improves decision making outcomes. For instance, bundling of public policy bills was found to offset separate bills' costs while preserving their net benefits. Bundled legislation also increased the psychological willingness to accept alternative perspectives. Preliminary research suggests that under separate evaluation ...
    Abstract: Social Representations describe the genesis of collective ideas, social norms and general moods. By capturing social perceptions of socio-economic change during times of crises, social representations allow predictions about... more
    Abstract: Social Representations describe the genesis of collective ideas, social norms and general moods. By capturing social perceptions of socio-economic change during times of crises, social representations allow predictions about future behavior of social masses. The Social Representations of Intergenerational Equity were retrieved from 110 speeches, interviews and conversations with leaders from academia, business, economics, finance, international organizations, media, politics, public affairs and religion at a European future ...