Construct · 1 fields · 1 citations

preference reversal: a standalone construct

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

● anchor · a standalone construct Nearest construct by meaning·not indexed
preferencereversal1 CONSTRUCTPreference reversal LICHTENSTEIN · JUDGMENT

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Judgment and decision making

choosing one gamble over another but assigning a higher price to the other, showing preferences depend on the elicitation method.

In judgment and decision making, preference reversal refers to choosing one gamble over another but assigning a higher price to the other, showing preferences depend on the elicitation method. This meaning comes from Lichtenstein (1971) in Journal of Experimental Psychology.[1]

Unit
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Nearby constructs

evaluability hypothesis1 fields · 1 citationsanchor · a standalone constructjudgment2 fields · 4 citationsjingle · one word, two constructspreference4 fields · 7 citationsjingle · one word, four constructs

References

  1. Lichtenstein, S., & Slovic, P. (1971). Reversals of preference between bids and choices in gambling decisions. Journal of Experimental Psychology, 89(1), 46-55. https://doi.org/10.1037/h0031207

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