Tracking Decision Makers under Uncertainty

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2011
Volume: 3
Issue: 4
Pages: 68-76

Authors (3)

Amos Arieli (not in RePEc) Yaniv Ben-Ami (not in RePEc) Ariel Rubinstein (Tel Aviv University)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Eye tracking is used to investigate the procedures that participants employ in choosing between two lotteries. Eye movement patterns in problems where the deliberation process is clearly identified are used to substantiate an interpretation of the results. The data provide little support for the hypothesis that decision makers rely exclusively upon an expected utility type of calculation. Instead eye patterns indicate that decision makers often compare prizes and probabilities separately. This is particularly true when the multiplication of sums and probabilities is laborious to compute. (JEL D81, D87)

Technical Details

RePEc Handle
repec:aea:aejmic:v:3:y:2011:i:4:p:68-76
Journal Field
General
Author Count
3
Added to Database
2026-01-29