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- Certainty_effect abstract "Certainty effect refers to the psychological effect resulted from the reduction of probability from certainty to probable (Kahneman & Tversky, 1986). It is an idea introduced in prospect theory. Normally a reduction in probability of winning a reward (e.g. reduce from 80% to 20% of chance of winning a reward) creates psychological effect such as displeasure to individuals, which leads to the perception of loss from the original probability thus favoring a risk-aversion decision. However, the same reduction results in larger psychological effect when it is done from certainty than from uncertainty.".
- Certainty_effect wikiPageExternalLink Tversky.html.
- Certainty_effect wikiPageID "29675785".
- Certainty_effect wikiPageRevisionID "546042452".
- Certainty_effect hasPhotoCollection Certainty_effect.
- Certainty_effect subject Category:Cognitive_biases.
- Certainty_effect subject Category:Prospect_theory.
- Certainty_effect subject Category:Risk.
- Certainty_effect type Abstraction100002137.
- Certainty_effect type Attitude106193203.
- Certainty_effect type Bias106201908.
- Certainty_effect type Cognition100023271.
- Certainty_effect type CognitiveBiases.
- Certainty_effect type Inclination106196584.
- Certainty_effect type Partiality106201136.
- Certainty_effect type PsychologicalFeature100023100.
- Certainty_effect comment "Certainty effect refers to the psychological effect resulted from the reduction of probability from certainty to probable (Kahneman & Tversky, 1986). It is an idea introduced in prospect theory. Normally a reduction in probability of winning a reward (e.g. reduce from 80% to 20% of chance of winning a reward) creates psychological effect such as displeasure to individuals, which leads to the perception of loss from the original probability thus favoring a risk-aversion decision.".
- Certainty_effect label "Certainty effect".
- Certainty_effect label "Sicherheitseffekt".
- Certainty_effect label "確定性效應".
- Certainty_effect sameAs Sicherheitseffekt.
- Certainty_effect sameAs m.0fpgwq2.
- Certainty_effect sameAs Q2281215.
- Certainty_effect sameAs Q2281215.
- Certainty_effect sameAs Certainty_effect.
- Certainty_effect wasDerivedFrom Certainty_effect?oldid=546042452.
- Certainty_effect isPrimaryTopicOf Certainty_effect.