Reference point heterogeneity

Keyphrases

• Payoff 100%
• Average Payoff 66%
• Shock 33%
• Modal 33%
• Decision Task 33%
• Individual Use 33%
• Expected Payoff 33%
• Risky Decision Making 33%
• Four-potential 33%
• Decision-making Environment 33%
• Individual Earnings 33%
• Historical Average 33%
• Average Earnings 33%
• Multiple Reference Points 33%

Economics, Econometrics and Finance

• Profit 100%

Psychology

• Decision Making 100%