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Keywords: difference
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Journal Articles
A Ratio-Difference Theory of Choice: An Article Written to Honor Richard Hollis Day
Available to Purchase
Journal:
Review of Behavioral Economics
Review of Behavioral Economics (2022) 9 (2): 155–171.
Published: 07 June 2022
...Mina Mahmoudi; Mark Pingle; Rattaphon Wuthisatian We humans find it difficult to comprehend the magnitude of one thing without comparing the magnitudes of two things. When we compare two magnitudes, we tend to use ratios and differences. This suggests a procedural theory of decision making should...
