Construct · 1 fields · 1 citations

event-splitting effect: a standalone construct

One name. One construct. A landmark on the map.

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Judgment and decision making

the rise in a gamble's attractiveness when one outcome's event is split into two smaller events with the same total probability and payoff.

In judgment and decision making, event-splitting effect refers to the rise in a gamble's attractiveness when one outcome's event is split into two smaller events with the same total probability and payoff. This meaning comes from Starmer (1993) in Journal of Risk and Uncertainty.[1]

Unit
Recovery means
Measured by

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Nearby constructs

event3 fields · 5 citationsjingle · one word, three constructs judgment2 fields · 4 citationsjingle · one word, two constructs risk6 fields · 13 citationsjingle · one name, six constructs

References

Starmer, C., & Sugden, R. (1993). Testing for juxtaposition and event-splitting effects. Journal of Risk and Uncertainty, 6(3), 235-254. https://doi.org/10.1007/bf01072613

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