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The Illusion of Control and Willingness to Pay for Luck · Study

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PreprintThe Illusion of Control and Willingness to Pay for Luck

Marek Albert Vranka2025

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Preprintgreen2025

The Illusion of Control and Willingness to Pay for Luck

Marek Albert Vranka · Petr Houdek · Ondřej Machek

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Decision-Making and Behavioral Economics Economic and Environmental Valuation Experimental Behavioral Economics Studies

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References

1961COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS 2005Cognitive Reflection and Decision Making 1977The Intuitive Psychologist And His Shortcomings: Distortions in the Attribution Process 1971Belief in the law of small numbers.2008The Dishonesty of Honest People: A Theory of Self-Concept Maintenance 1975Self-serving biases in the attribution of causality: Fact or fiction?2009Conditions for intuitive expertise: A failure to disagree.2001Are CEOs Rewarded for Luck? The Ones Without Principals Are

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Details

Year2025

Typepreprint

Published2025-01-01

VenueSSRN Electronic Journal

ISSN-L1556-5068

Languageen

Citations0

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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doi10.2139/ssrn.5120325

openalex_workW4407065892

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