The meaning of indifference in choice behavior: Asymmetries in adjustments embodied in matching

Organizational Behavior and Human Decision Processes

Volumn 90, Issue 2, 2003, Pages 342-359

  Willemsen, Martijn C ^a   Keren, Gideon ^a  

^a EINDHOVEN UNIVERSITY OF TECHNOLOGY   (Netherlands)

Author keywords

Choice behavior; Indifference; Matching

Indexed keywords

EID: 0038057525     PISSN: 07495978     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0749-5978(02)00521-6     Document Type: Review

References (25)

1. Carmon, Z., & Simonson, I. (1998). Price-Quality tradeoffs in choice vs. matching: New insights into the prominence effect. Journal of Consumer Psychology, 7, 23-40.
2. Delquié, P. (1993). Inconsistent tradeoffs between attributes: New evidence in preference assessment biases. Management Science, 39, 1382-1395.
3. Elster, J. (1989). Solomonic judgements, studies in the limitations of rationality. New York: Cambridge University Press.
4. Edwards, W. (1954). The theory of decision making. Psychological Bulletin, 51, 380-417.
5. Fischer, G. W., Carmon, Z., Ariely, D., & Zauberman, G. (1999). Goal-based construction of preferences: Task goals and the prominence effect. Management Science, 45, 1057-1075.
6. Fischer, G. W., & Hawkins, S. A. (1993). Strategy compatibility, scale compatibility, and the prominence effect. Journal of Experimental Psychology: Human Perception and Performance, 19, 580-597.
7. Fischhoff, B. (1991). Value elicitation: Is there anything there? American Psychologist, 26, 535-547.
8. Fischhoff, B., Slovic, P., & Lichtenstein, S. (1980). Knowing what you want: Measuring labile values. In T. Wallsten (Ed.), Cognitive Processes in Choice and Decision Behavior (pp. 117-141). Hillsdale, NJ: Erlbaum.
9. Johnson, E. J., & Schkade, D. A. (1989). Bias in utility assessments: Further evidence and explanations. Management Science, 35, 406-424.
10. Joyce, E. J., & Shapiro, B. P. (1995). Invariance violations and mental accounting procedures in riskless matching. Organizational Behavior and Human Decision Processes, 62, 175-189.
11. Kahneman, D., & Tversky, A. (1974). Judgment under uncertainty: Heuristics and biases. Science, 185, 1124-1131.
12. Kahneman, D., & Tversky, A. (1979). Prospect Theory: An analysis of decisions under risk. Econometrica, 47, 263-291.
13. Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1990). Experimental tests of the endowment effect and the Coase Theorem. Journal of Political Economy, 98, 1325-1348.
14. Luce, M. F., Payne, J. W., & Bettman, J. R. (2000). Coping with unfavorable attribute values in choice. Organizational Behavior and Human Decision Processes, 81, 274-299.
15. Massaro, D. W. (1975). Experimental Psychology and Information Processing. Chicago, IL: Rand McNally.
16. Payne, J. W., Bettman, J. R., & Luce, M. F. (1998). Behavioral decision research: An overview, from: Measurement, judgment and decision making. In M. H. Birnbaum (Ed.), Handbook of perception and cognition (2nd ed). Academic Press.
17. Peeters, G., & Czapinski, J. (1990). Positive-Negative asymmetry in Evaluations: The distinction between affective and informational negativity effects. European Review of Social Psychology, 1, 33-60.
18. Slovic, P. (1975). Choice between equally valued alternatives. Journal of Experimental Psychology: Human Perception and Performance, 1, 280-287.
19. Slovic, P. (1995). The construction of preference. American Psychologist, 50, 364-371.
20. Tversky, A. (1972). Elimination by aspects: A theory of choice. Psychological Review, 79, 281-299.
21. Tversky, A. (1977). Features of similarity. Psychological Review, 84, 327-352.
22. Tversky, A., & Kahneman, D. (1991). Loss aversion in riskless choice: A reference dependent model. Quarterly Journal of Economics, 106, 1039-1061.
23. Tversky, A., Sattath, S., & Slovic, P. (1988). Contingent weighting in judgment and choice. Psychological Review, 95, 371-384.
24. Willemsen, M. C., & Keren, G. (2002). Negative-based prominence: The role of negative features in matching and choice. Organizational Behavior and Human Decision Processes, 88, 643-666.
25. Zeelenberg, M. (1999). Anticipated regret, expected feedback and behavioral decision making. Journal of Behavioral Decision Making, 12, 93-106.