The gap between medical and monetary choices under risk persists in decisions for others

Volume: 32, Issue: 4, Pages: 388 - 402
Published: Feb 12, 2019
Abstract
Decisions under risk in the medical domain have been found to systematically diverge from decisions in the monetary domain. When making choices between monetary options, people commonly rely on a decision strategy that trades off outcomes with their probabilities; when making choices between medical options, people tend to neglect probability information. In two experimental studies, we tested to what extent differences between medical and...
Paper Details
Title
The gap between medical and monetary choices under risk persists in decisions for others
Published Date
Feb 12, 2019
Volume
32
Issue
4
Pages
388 - 402
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