Searching to avoid regret: An experimental evidence
Searching to avoid regret: An experimental evidence
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寻求避免后悔：实验证据
DOI：
10.1016/j.jebo.2021.06.036
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发表时间：
2021
期刊：
影响因子：
--
通讯作者：
Tanushree Jhunjhunwala
中科院分区：
文献类型：
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作者：
Tanushree Jhunjhunwala
当面临许多选择时，人们通常会在选择之前收集信息。在这项研究中，我确定的作用，决策后的反馈质量错过的替代品，这可能会导致决策的遗憾，解释人们会搜索的程度。我隔离的效果，反馈搜索水平干净的抽象实验室实验设置在一个顺序搜索环境。反馈水平因治疗而异。我发现，个人不仅有更高的保留值，导致他们样本更多的选项存在这种遗憾诱导反馈，但他们的保留值也下降缓慢，随着时间的推移，在存在上述反馈。因此，对放弃的替代方案的反馈的存在会促使决策者表现出更高的搜索强度，这表明后悔厌恶在搜索环境中发挥着重要作用。
When faced with many options, individuals generally gather information prior to choosing. In this study, I identify the role of post-decision feedback on quality of missed alternatives, which can induce regret in decision-making, to explain the extent to which people would search. I isolate the effect of feedback on search levels cleanly by means of an abstract lab experiment set in a sequential search environment. The feedback levels vary across treatments. I find that individuals not only have higher reservation values that lead them to sample more options in the presence of this regret-inducing feedback, but their reservation values also decline less slowly over time in the presence of said feedback. Thus, the presence of feedback on forgone alternatives induces decision-makers to exhibit higher search intensities, indicating the important role played by regret aversion in search environments.
影响因子：
3.2
作者：
LOOMES, G;SUGDEN, R
通讯作者：
SUGDEN, R