A Discrepancy Between “What Should You Choose?” and “What Do You Choose?” in Intertemporal and Risky Decision-Making

Białaszek Wojciech (), Ostaszewski Franciszek and Zielonka Piotr ()
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Białaszek Wojciech: Department of Behavior Analysis, Institute of Cognitive and Behavioral Neuroscience, SWPS University of Social Sciences and Humanities, Warsaw, Poland.
Ostaszewski Franciszek: Department of Behavior Analysis, Institute of Cognitive and Behavioral Neuroscience, SWPS University of Social Sciences and Humanities, Chodakowska 19/31, 03-815, Warsaw, Poland.
Zielonka Piotr: Department of Econophysics, Warsaw University of Life Sciences, Warsaw, Poland.

Journal of Management and Business Administration. Central Europe, 2018, vol. 26, issue 4, 2-10

Abstract: Purpose: When facing important decisions, people often ask themselves “What should I choose?” This question may involve intertemporal and risky decisions. The aim of our study was to test a potential discrepancy between the normative and descriptive perspective, that is, between “What should you choose?” and “What do you choose?”.

Keywords: impulsivity; delay discounting; probability discounting; perspective taking; risk; intertemporal choice (search for similar items in EconPapers)
JEL-codes: D91 G41 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:jmbace:v:26:y:2018:i:4:p:2-10:n:1

DOI: 10.7206/jmba.ce.2450-7814.239

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