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Do people think about absolute or relative price differences when choosing between substitute goods?
16 references·12 citing·30 second hop
Do people think about absolute or relative price differences when choosing between substitute goods? (2011)Do people think about absolute or relativ…Large Stakes and Big Mistakes (2009)Large Stakes and Big MistakesThe MPG Illusion (2008)The MPG IllusionThe Endowment Effect and Evidence of Nonreversible Indifference Curves (2000)The Endowment Effect and Evid…Experimental Tests of the Endowment Effect and the Coase Theorem (2000)Experimental Tests of the End…The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework (1999)The Effects of Financial Ince…The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework \n (1999)The Effects of Financial Ince…Quasi-Rational Economics. (1992)Quasi-Rational Economics.Rational Choice: The Contrast between Economics and Psychology (1991)Rational Choice: The Contrast…Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Loss Aversion in Riskless Cho…Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias (1991)Anomalies: The Endowment Effe…Experimental Tests of the Endowment Effect and the Coase Theorem (1990)Experimental Tests of the End…RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)RATIONAL CHOICE AND THE FRAMI…The Framing of Decisions and the Psychology of Choice (1981)The Framing of Decisions and …Toward a positive theory of consumer choice (1980)Toward a positive theory of c…Judgment under Uncertainty: Heuristics and Biases (1975)Judgment under Uncertainty: H…Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: H…Turning on Dimensional Prominence in Decision Making: Experiments and a Model (2022)Turning on Dimensional Promin…Search Costs and Diminishing Sensitivity (2022)Search Costs and Diminishing …Salience in a simple transport market (2020)Salience in a simple transpor…Context-dependent preferences and retailing: Vertical restraints on internet sales (2020)Context-dependent preferences…Do fixed payments affect effort? Examining relative thinking in mixed compensation schemes (2018)Do fixed payments affect effo…The price-based certainty of purchase influences consumer behavior for discount (2016)The price-based certainty of …Manufacturer suggested retail prices, loss aversion and competition (2016)Manufacturer suggested retail…Psychological Pricing Principles for Organizations with Market Power (2014)Psychological Pricing Princip…Optimal strategy of multi-product retailers with relative thinking and reference prices (2014)Optimal strategy of multi-pro…An investigation of the endowment effect in the context of a college housing lottery (2014)An investigation of the endow…Advertising, quality, and willingness-to-pay: Experimental examination of signaling theory (2012)Advertising, quality, and wil…Do Consumers Make Too Much Effort to Save on Cheap Items and Too Little to Save on Expensive Items? (2011)Do Consumers Make Too Much Ef…Subjective probability: A judgment of representativeness (1972)Availability: A heuristic for judging frequency and probability (1973)On the psychology of prediction. (1973)Prospect Theory: An Analysis of Decision under Risk (1979)An Evolutionary Theory of Economic Change. (1983)Prospect theory: An analysis of decision under risk (1988)The effects of feedback interventions on performance: A historical review, a meta-analysis, and a preliminary feedback intervention theory. (1996)A perspective on judgment and choice: Mapping bounded rationality. (2003)Status quo bias in decision making (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)A Theory of Fairness, Competition, and Cooperation (1999)Time Discounting and Time Preference: A Critical Review (2002)An experimental analysis of ultimatum bargaining (1982)Pay Enough or Don't Pay at All* (2000)Third-party punishment and social norms (2004)“Economic man” in cross-cultural perspective: Behavioral experiments in 15 small-scale societies (2005)The unpublished manuscript (2018)Choices, values, and frames. (1984)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Construal-level theory of psychological distance. (2010)Implicit social cognition: Attitudes, self-esteem, and stereotypes. (1995)Does Market Experience Eliminate Market Anomalies? (2003)Toward a theory of customer engagement marketing (2016)Perception of Risk (1987)Toward a Theory of Situation Awareness in Dynamic Systems (1995)Framing Processes and Social Movements: An Overview and Assessment (2000)A Review of WTA/WTP Studies (2002)Development of NASA-TLX (Task Load Index): Results of Empirical and Theoretical Research (1988)Epistemic Injustice (2007)
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References

  • 1974Judgment under Uncertainty: Heuristics and Biases28,742 cited
  • 1975Judgment under Uncertainty: Heuristics and Biases22,647 cited
  • 1981The Framing of Decisions and the Psychology of Choice17,834 cited
  • 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model6,428 cited
  • 1980Toward a positive theory of consumer choice5,574 cited
  • 1991Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias5,015 cited
  • 1988RATIONAL CHOICE AND THE FRAMING OF DECISIONS3,712 cited
  • 1990Experimental Tests of the Endowment Effect and the Coase Theorem3,192 cited
  • 2000Experimental Tests of the Endowment Effect and the Coase Theorem2,873 cited
  • 1999The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework1,547 cited
  • 1999The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework \n1,428 cited
  • 1992Quasi-Rational Economics.916 cited
  • 2000The Endowment Effect and Evidence of Nonreversible Indifference Curves899 cited
  • 2009Large Stakes and Big Mistakes786 cited
  • 1991Rational Choice: The Contrast between Economics and Psychology615 cited

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  • 2008The MPG Illusion363 cited
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    • 2011Do Consumers Make Too Much Effort to Save on Cheap Items and Too Little to Save on Expensive Items?12 cited
    • 2020Context-dependent preferences and retailing: Vertical restraints on internet sales10 cited
    • 2016Manufacturer suggested retail prices, loss aversion and competition9 cited
    • 2022Turning on Dimensional Prominence in Decision Making: Experiments and a Model5 cited
    • 2020Salience in a simple transport market4 cited
    • 2022Search Costs and Diminishing Sensitivity2 cited
    • 2016The price-based certainty of purchase influences consumer behavior for discount1 cited