메뉴 건너뛰기




Volumn , Issue , 2011, Pages

The instability of value

Author keywords

Choice theory; Decision making; Local comparative theory; Risk; Valuation

Indexed keywords


EID: 84921689808     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1093/acprof:oso/9780199600434.003.0004     Document Type: Chapter
Times cited : (5)

References (58)
  • 1
    • 0002014402 scopus 로고
    • Possible principles underlying the transformation of sensory messages
    • W. A. Rosenblith (ed.), Cambridge, MA: MIT Press
    • Barlow, H. B. (1991). Possible principles underlying the transformation of sensory messages. In W. A. Rosenblith (ed.) Sensory communication (pp. 217-34). Cambridge, MA: MIT Press.
    • (1991) Sensory communication , pp. 217-234
    • Barlow, H.B.1
  • 2
    • 0007935565 scopus 로고    scopus 로고
    • Naive diversification strategies in defined contribution saving plans
    • Benartzi, S. and Thaler, R. (2001). Naive diversification strategies in defined contribution saving plans. American Economic Review, 91, 79-98.
    • (2001) American Economic Review , vol.91 , pp. 79-98
    • Benartzi, S.1    Thaler, R.2
  • 3
    • 0004220926 scopus 로고
    • J. H. Burns and H. L. A. Hart, eds). London: The Athlone Press. (Original work published in 1789.)
    • Bentham, J. (1970). An introduction to the principles of morals and legislation (J. H. Burns and H. L. A. Hart, eds). London: The Athlone Press. (Original work published in 1789.)
    • (1970) An introduction to the principles of morals and legislation
    • Bentham, J.1
  • 4
    • 84965470386 scopus 로고
    • Violations of monotonicity and contextual effects in choicebased certainty equivalents
    • Birnbaum, M. H. (1992). Violations of monotonicity and contextual effects in choicebased certainty equivalents. Psychological Science, 3, 310-4.
    • (1992) Psychological Science , vol.3 , pp. 310-314
    • Birnbaum, M.H.1
  • 5
    • 0039472954 scopus 로고    scopus 로고
    • Evidence against rankdependent utility theories: Tests of cumulative independence, interval independence, stochastic dominance, and transitivity
    • Birnbaum, M. H., Patton, J. N., and Lott, M. K. (1999). Evidence against rankdependent utility theories: Tests of cumulative independence, interval independence, stochastic dominance, and transitivity. Organizational Behavior and Human Decision Processes, 77, 44-83.
    • (1999) Organizational Behavior and Human Decision Processes , vol.77 , pp. 44-83
    • Birnbaum, M.H.1    Patton, J.N.2    Lott, M.K.3
  • 6
    • 33744547612 scopus 로고    scopus 로고
    • The priority heuristic:Making choices without tradeoffs
    • Brandstätter, E., Gigerenzer, G., and Hertwig, R. (2006). The priority heuristic:Making choices without tradeoffs. Psychological Review, 113, 409-32.
    • (2006) Psychological Review , vol.113 , pp. 409-432
    • Brandstätter, E.1    Gigerenzer, G.2    Hertwig, R.3
  • 9
    • 84995002733 scopus 로고
    • Choices from identical options
    • Christenfeld, N. (1995). Choices from identical options. Psychological Science, 6, 50-55.
    • (1995) Psychological Science , vol.6 , pp. 50-55
    • Christenfeld, N.1
  • 10
    • 0000964163 scopus 로고
    • Were the ordinalists wrong about welfare economics?
    • Cooter, R. and Rappoport, P. (1984). Were the ordinalists wrong about welfare economics? Journal of Economic Literature, 22, 507-30.
    • (1984) Journal of Economic Literature , vol.22 , pp. 507-530
    • Cooter, R.1    Rappoport, P.2
  • 11
    • 45749149816 scopus 로고    scopus 로고
    • Value and actions in aversion
    • P. W. Glimcher, C. F. Camerer, E. Fehr, and R. A. Poldrack (eds), London, UK: Elsevier
    • Dayan, P. and Seymour, B. (2008). Value and actions in aversion. In: P. W. Glimcher, C. F. Camerer, E. Fehr, and R. A. Poldrack (eds) Neuroeconomics: Decision making and the brain. London, UK: Elsevier.
    • (2008) Neuroeconomics: Decision making and the brain
    • Dayan, P.1    Seymour, B.2
  • 12
    • 42549094464 scopus 로고    scopus 로고
    • Medial orbitofrontal cortex codes relative rather than absolute value of financial rewards in humans
    • Elliott, R., Agnew, Z., and Deakin, J. F. (2008). Medial orbitofrontal cortex codes relative rather than absolute value of financial rewards in humans. European Journal of Neuroscience, 27, 2213-2218.
    • (2008) European Journal of Neuroscience , vol.27 , pp. 2213-2218
    • Elliott, R.1    Agnew, Z.2    Deakin, J.F.3
  • 13
    • 0344305592 scopus 로고    scopus 로고
    • Epidemiology of chronic non-malignant pain in Denmark
    • Eriksen, J., Jensen, M. K., Sjogren, P., Ekholm, O., and Rasmussen, N. K. (2003). Epidemiology of chronic non-malignant pain in Denmark. Pain, 106, 221-28.
    • (2003) Pain , vol.106 , pp. 221-228
    • Eriksen, J.1    Jensen, M.K.2    Sjogren, P.3    Ekholm, O.4    Rasmussen, N.K.5
  • 14
    • 0004256672 scopus 로고
    • H. E. Adler, Trans.). New York: Holt, Rinehart, and Winston. (Original work published 1860
    • Fechner, G. T. (1966). Elements of psychophysics (H. E. Adler, Trans.). New York: Holt, Rinehart, and Winston. (Original work published 1860).
    • (1966) Elements of psychophysics
    • Fechner, G.T.1
  • 17
    • 0030266119 scopus 로고    scopus 로고
    • Reasoning the fast and frugal way: models of bounded rationality
    • Gigerenzer, G. and Goldstein, D (1996). Reasoning the fast and frugal way: models of bounded rationality. Psychological Review, 103, 650-69.
    • (1996) Psychological Review , vol.103 , pp. 650-669
    • Gigerenzer, G.1    Goldstein, D.2
  • 18
    • 33847152624 scopus 로고    scopus 로고
    • Neurons in the macaque orbitofrontal cortex code relative preference of both rewarding and aversive outcomes
    • Hosokawa, T., Kato, K., Inoue, M., and Mikami, A. (2007). Neurons in the macaque orbitofrontal cortex code relative preference of both rewarding and aversive outcomes. Neuroscience Research, 57, 434-45.
    • (2007) Neuroscience Research , vol.57 , pp. 434-445
    • Hosokawa, T.1    Kato, K.2    Inoue, M.3    Mikami, A.4
  • 19
    • 0000125532 scopus 로고
    • Prospect theory: an analysis of decision under risk
    • Kahneman, D. and Tversky, A. (1979). Prospect theory: an analysis of decision under risk. Econometrica, 47, 263-91.
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 24
    • 0000923828 scopus 로고
    • Regret theory: an alternative theory of rational choice under uncertainty
    • Loomes, G. and Sugden, R. (1982). Regret theory: an alternative theory of rational choice under uncertainty. Economic Journal, 92, 805-24.
    • (1982) Economic Journal , vol.92 , pp. 805-824
    • Loomes, G.1    Sugden, R.2
  • 25
    • 62349097134 scopus 로고    scopus 로고
    • Epidemiology of pain
    • S. B. McMahon and M. Koltzenburg (eds.), 5th edn, Philadelphia: Elsevier
    • Macfarlane, G. J., Jones, G. T., and McBeth, J. (2005). Epidemiology of pain. In S. B. McMahon and M. Koltzenburg (eds.) Wall and Melzack's textbook of pain, 5th edn (pp. 1199-214). Philadelphia: Elsevier.
    • (2005) Wall and Melzack's textbook of pain , pp. 1199-1214
    • Macfarlane, G.J.1    Jones, G.T.2    McBeth, J.3
  • 26
    • 39749093168 scopus 로고
    • The magical number seven, plus or minus two: some limits on our capacity for information processing
    • Miller, G. A. (1956). The magical number seven, plus or minus two: some limits on our capacity for information processing. Psychological Review, 63, 81-97.
    • (1956) Psychological Review , vol.63 , pp. 81-97
    • Miller, G.A.1
  • 28
    • 37549055372 scopus 로고    scopus 로고
    • The representation of economic value in the orbitofrontal cortex is invariant for changes of menu
    • Padoa-Schioppa, C. and Assad, J. A. (2008). The representation of economic value in the orbitofrontal cortex is invariant for changes of menu. Nature Neuroscience, 11, 95-102.
    • (2008) Nature Neuroscience , vol.11 , pp. 95-102
    • Padoa-Schioppa, C.1    Assad, J.A.2
  • 29
    • 34548651404 scopus 로고    scopus 로고
    • Orbitofrontal cortex encodes willingness to pay in everyday economic transactions
    • Plassmann, H., O'Doherty, J., and Rangel A. (2007). Orbitofrontal cortex encodes willingness to pay in everyday economic transactions. Journal of Neuroscience, 27, 9984-88.
    • (2007) Journal of Neuroscience , vol.27 , pp. 9984-9988
    • Plassmann, H.1    O'Doherty, J.2    Rangel, A.3
  • 32
    • 85098018591 scopus 로고    scopus 로고
    • Diminishing marginal utility of wealth cannot explain risk aversion
    • D. Kahneman and A. Tversky (eds), New York:Cambridge University Press
    • Rabin, M. (2000). Diminishing marginal utility of wealth cannot explain risk aversion. In D. Kahneman and A. Tversky (eds) Choices, values, and frames (pp. 202-208). New York:Cambridge University Press.
    • (2000) Choices, values, and frames , pp. 202-208
    • Rabin, M.1
  • 34
    • 0002786237 scopus 로고
    • Diversification bias: explaining the discrepancy in variety seeking between combined and separated choices
    • Read, D. and Loewenstein, G. (1995). Diversification bias: explaining the discrepancy in variety seeking between combined and separated choices. Journal of Experimental Psychology: Applied, 1, 34-49.
    • (1995) Journal of Experimental Psychology: Applied , vol.1 , pp. 34-49
    • Read, D.1    Loewenstein, G.2
  • 35
    • 84963107372 scopus 로고
    • A note on the measurement of utility
    • Samuelson, P. (1937). A note on the measurement of utility. Review of Economic Studies, 4, 155-61.
    • (1937) Review of Economic Studies , vol.4 , pp. 155-161
    • Samuelson, P.1
  • 37
    • 0030896968 scopus 로고    scopus 로고
    • A neural substrate of prediction and reward
    • Schultz, W., Dayan, P., and Montague, P. R. (1997). A neural substrate of prediction and reward. Science, 275, 1593-99.
    • (1997) Science , vol.275 , pp. 1593-1599
    • Schultz, W.1    Dayan, P.2    Montague, P.R.3
  • 38
    • 52049088714 scopus 로고    scopus 로고
    • Anchors, scales and the relative coding of value in the brain
    • Seymour, B. and McClure, S. (2008). Anchors, scales and the relative coding of value in the brain. Current Opinion in Neurobiology, 18, 173-78.
    • (2008) Current Opinion in Neurobiology , vol.18 , pp. 173-178
    • Seymour, B.1    McClure, S.2
  • 40
    • 0028418416 scopus 로고
    • Seven plus or minus two: a commentary on capacity limitations
    • Shiffrin, R. M. and Nosofsky, R. M. (1994). Seven plus or minus two: a commentary on capacity limitations. Psychological Review, 101, 357-61.
    • (1994) Psychological Review , vol.101 , pp. 357-361
    • Shiffrin, R.M.1    Nosofsky, R.M.2
  • 41
    • 0000275661 scopus 로고
    • Choice in context: tradeoff contrast and extremeness aversion
    • Simonson, I. and Tversky, A. (1992). Choice in context: tradeoff contrast and extremeness aversion. Journal of Marketing Research, 29, 281-95.
    • (1992) Journal of Marketing Research , vol.29 , pp. 281-295
    • Simonson, I.1    Tversky, A.2
  • 42
    • 0000899993 scopus 로고
    • The construction of preferences
    • Slovic, P. (1995). The construction of preferences. American Psychologist, 50, 364-71.
    • (1995) American Psychologist , vol.50 , pp. 364-371
    • Slovic, P.1
  • 43
    • 34447546202 scopus 로고
    • On the psychophysical law
    • Stevens, S. S. (1957). On the psychophysical law. Psychological Review, 64, 153-81.
    • (1957) Psychological Review , vol.64 , pp. 153-181
    • Stevens, S.S.1
  • 44
    • 27944495741 scopus 로고    scopus 로고
    • Absolute identification by relative judgment
    • Stewart, N., Brown, G. D. A., and Chater, N. (2005). Absolute identification by relative judgment. Psychological Review, 112, 881-911.
    • (2005) Psychological Review , vol.112 , pp. 881-911
    • Stewart, N.1    Brown, G.D.A.2    Chater, N.3
  • 49
    • 14844349975 scopus 로고    scopus 로고
    • Adaptive coding of reward value by dopamine neurons
    • Tobler, P. N., Fiorillo, C. D., and Schultz, W. (2005). Adaptive coding of reward value by dopamine neurons. Science, 307, 1642-45.
    • (2005) Science , vol.307 , pp. 1642-1645
    • Tobler, P.N.1    Fiorillo, C.D.2    Schultz, W.3
  • 50
    • 0033594310 scopus 로고    scopus 로고
    • Relative reward preference in primate orbitofrontal cortex
    • Tremblay, L. and Schultz, W. (1999). Relative reward preference in primate orbitofrontal cortex. Nature, 398, 704-708.
    • (1999) Nature , vol.398 , pp. 704-708
    • Tremblay, L.1    Schultz, W.2
  • 51
    • 58149416322 scopus 로고
    • Elimination by aspects: atheory of choice
    • Tverksy, A. (1972). Elimination by aspects: atheory of choice. Psychological Review, 79, 281-99.
    • (1972) Psychological Review , vol.79 , pp. 281-299
    • Tverksy, A.1
  • 52
    • 31744450082 scopus 로고
    • Advances in prospect theory: cumulative representation of uncertainty
    • Tversky, A. and Kahneman, D. (1992). Advances in prospect theory: cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5, 204-217.
    • (1992) Journal of Risk and Uncertainty , vol.5 , pp. 204-217
    • Tversky, A.1    Kahneman, D.2
  • 53
    • 0027685151 scopus 로고
    • Context-dependent preferences
    • Tversky, A. and Simonson, I. (1993). Context-dependent preferences. Management Science, 39, 1179-89.
    • (1993) Management Science , vol.39 , pp. 1179-1189
    • Tversky, A.1    Simonson, I.2
  • 54
    • 58149367820 scopus 로고
    • Contingent weighting in judgment and choice
    • Tversky, A., Sattah, S., and Slovic, P. (1988). Contingent weighting in judgment and choice. Psychological Review, 95, 371-84.
    • (1988) Psychological Review , vol.95 , pp. 371-384
    • Tversky, A.1    Sattah, S.2    Slovic, P.3
  • 56
    • 34547524560 scopus 로고    scopus 로고
    • Financial prospect relativity: context effects in financial decision making under risk
    • Vlaev, I., Chater, N., and Stewart, N. (2007). Financial prospect relativity: context effects in financial decision making under risk. Journal of Behavioral Decision making, 20, 273-304.
    • (2007) Journal of Behavioral Decision making , vol.20 , pp. 273-304
    • Vlaev, I.1    Chater, N.2    Stewart, N.3
  • 58
    • 58149450289 scopus 로고
    • Brightness constancy and the nature of achromatic colors
    • Wallach, H. (1948). Brightness constancy and the nature of achromatic colors. Journal of Experimental Psychology, 38, 310-24.
    • (1948) Journal of Experimental Psychology , vol.38 , pp. 310-324
    • Wallach, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.