A distributed-consensus mechanism of decision making explains economically irrational behaviours
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DOI: 10.1016/j.anbehav.2019.04.016
Abstract: In humans, as in many other animals, preferences between options can be reversed when other irrelevant options are added to the choice set. Heuristics theories view such puzzling departure from economic rationality as evidence that… read more here.
Keywords: distributed consensus; mechanism; consensus mechanism; decision making ... See more keywords