Incentivized and non-incentivized liking ratings outperform willingness-to-pay in predicting choice

A core principle in decision science is that people choose according to their subjective values. These values are often measured using unincentivized scales with arbitrary units (e.g., from 0 to 10) or using incentivized willingness-to-pay (WTP) with dollars and cents. What is unclear is whether usi...

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Autores principales: Joshua Hascher, Nitisha Desai, Ian Krajbich
Formato: article
Lenguaje:EN
Publicado: Society for Judgment and Decision Making 2021
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Acceso en línea:https://doaj.org/article/a4657cd1fe994e43bbfc0ac01d00c2c5
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