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dc.contributor.authorRuggeri, Kai
dc.contributor.authorAlí, Sonia
dc.contributor.authorBerge, Mari Louise
dc.contributor.authorNieto, Ana E.
dc.contributor.authorFolke, Tomas
dc.date.accessioned2021-12-03T08:37:15Z
dc.date.available2021-12-03T08:37:15Z
dc.date.issued2020
dc.identifier.issn2397-3374spa
dc.identifier.urihttp://hdl.handle.net/10641/2613
dc.description.abstractProspect theory is among the most influential frameworks in behavioural science, specifically in research on decision-making under risk. Kahneman and Tversky’s 1979 study tested financial choices under risk, concluding that such judgements deviate significantly from the assumptions of expected utility theory, which had remarkable impacts on science, policy and industry. Though substantial evidence supports prospect theory, many presumed canonical theories have drawn scrutiny for recent replication failures. In response, we directly test the original methods in a multinational study (n = 4,098 participants, 19 countries, 13 languages), adjusting only for current and local currencies while requiring all participants to respond to all items. The results replicated for 94% of items, with some attenuation. Twelve of 13 theoretical contrasts replicated, with 100% replication in some countries. Heterogeneity between countries and intra-individual variation highlight meaningful avenues for future theorizing and applications. We conclude that the empirical foundations for prospect theory replicate beyond any reasonable thresholds.spa
dc.language.isoengspa
dc.publisherNature Human Behaviourspa
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.titleReplicating patterns of prospect theory for decision under risk.spa
dc.typearticlespa
dc.description.versionpre-printspa
dc.rights.accessRightsopenAccessspa
dc.description.extent1,53 MBspa
dc.identifier.doi10.1038/s41562-020-0886-xspa
dc.relation.publisherversionhttps://www.nature.com/articles/s41562-020-0886-xspa


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Atribución-NoComercial-SinDerivadas 3.0 España
Except where otherwise noted, this item's license is described as Atribución-NoComercial-SinDerivadas 3.0 España