When Optimal Choices Feel Wrong: A Laboratory Study of Bayesian Updating, Complexity, and Affect

We examine decision-making under risk in a laboratory experiment. The heart of our design examines how one's propensity to use Bayes' rule is affected by whether this rule is aligned with reinforcement or clashes with it. In some cases, we create environments where Bayesian updating after...

Celý popis

Uloženo v:
Podrobná bibliografie
Vydáno v:The American economic review Ročník 95; číslo 4; s. 1300 - 1309
Hlavní autoři: Charness, Gary, Levin, Dan
Médium: Journal Article
Jazyk:angličtina
Vydáno: Nashville American Economic Association 01.09.2005
Témata:
Bayes rule
Bayesian analysis
Bayesian method
Binomials
Cost efficiency
Decision making
Decision theory
Economic costs
Economic theory
Economics
Emotions
Error rates
Errors
Expected utility
Experiments
Game theory
Heuristic
Heuristics
Investors
Laboratories
Payments
Psychological reinforcement
Reinforcement
Risk
Shorter Papers
Studies
Success
Utility theory
ISSN:0002-8282, 1944-7981
On-line přístup:Získat plný text
Tagy: Přidat tag
Žádné tagy, Buďte první, kdo vytvoří štítek k tomuto záznamu!
Abstract We examine decision-making under risk in a laboratory experiment. The heart of our design examines how one's propensity to use Bayes' rule is affected by whether this rule is aligned with reinforcement or clashes with it. In some cases, we create environments where Bayesian updating after a successful outcome should lead a decision-maker to make a change, while no change should be made after observing an unsuccessful outcome. We observe striking patterns: When payoff reinforcement and Bayesian updating are aligned, nearly all people respond as expected. On the other hand, when these forces clash, around 50% of all decisions are inconsistent with Bayesian updating; a slight increase in the precision of the information and decrease in the complexity of the calculations does not lower the error rate. However, when a draw provides only information (and no payment), switching errors occur much less frequently, suggesting that the "emotional reinforcement" (affect) induced by payments is a critical factor in deviations from Bayesian updating. We also find considerable behavioral heterogeneity across the population. Finally, we see that people have a "taste for consistency" as voluntary draws are more likely to be repeated than draws that were required. [PUBLICATION ABSTRACT]
AbstractList We examine decision-making under risk in a laboratory experiment. The heart of our design examines how one's propensity to use Bayes' rule is affected by whether this rule is aligned with reinforcement or clashes with it. In some cases, we create environments where Bayesian updating after a successful outcome should lead a decision-maker to make a change, while no change should be made after observing an unsuccessful outcome. We observe striking patterns: When payoff reinforcement and Bayesian updating are aligned, nearly all people respond as expected. On the other hand, when these forces clash, around 50% of all decisions are inconsistent with Bayesian updating; a slight increase in the precision of the information and decrease in the complexity of the calculations does not lower the error rate. However, when a draw provides only information (and no payment), switching errors occur much less frequently, suggesting that the "emotional reinforcement" (affect) induced by payments is a critical factor in deviations from Bayesian updating. We also find considerable behavioral heterogeneity across the population. Finally, we see that people have a "taste for consistency" as voluntary draws are more likely to be repeated than draws that were required. [PUBLICATION ABSTRACT]
Author Levin, Dan
Charness, Gary
Author_xml – sequence: 1
  givenname: Gary
  surname: Charness
  fullname: Charness, Gary
– sequence: 2
  givenname: Dan
  surname: Levin
  fullname: Levin, Dan
BookMark eNp9kD1PwzAURS1UJFpgZ2CwGJgI-CtxwlYqCkiVOkDVMTiO3aZK7WC7Evn3uCpi6MBkPd1zn_zOCAyMNQqAK4zuMUn5A0KI5CRHKctJmub0BAxxwVjCixwPwHAfJzEnZ2Dk_QbtZ8yH4HO5VgbOu9BsRQsna9tI5eFUqRYunTWrRziGM1FZJ4J1PXwPu7qHVsMn0SvfCAMXXS1CY1Z3cGK3Xau-m9DfQWFqONZayXABTrVovbr8fc_BYvr8MXlNZvOXt8l4lkiGi5AwiXRNacF1JSjRUmcyUxXnBcJM15JpLQjO0qoiitYZ5QLFMEUq10yTeDk9B7eHvZ2zXzvlQ7ltvFRtK4yyO1_SHBfRB43gzRG4sTtn4t9KQikiKc3TCGUHSDrrvVO6lE2Id1oTnGjaEqNyb708th6L6KjYuajW9f9Vrg-VjY-O_3iGKeGY0x-mHI0-
CODEN AENRAA
CitedBy_id crossref_primary_10_1007_s10683_021_09722_x
crossref_primary_10_1016_j_euroecorev_2017_06_011
crossref_primary_10_1108_MD_12_2016_0948
crossref_primary_10_1016_j_joep_2021_102458
crossref_primary_10_1111_j_1467_937X_2009_00557_x
crossref_primary_10_1093_rfs_hhy040
crossref_primary_10_4018_ijabe_2014040102
crossref_primary_10_1016_j_jebo_2020_12_034
crossref_primary_10_1016_j_jebo_2011_06_017
crossref_primary_10_1007_s11238_024_09993_9
crossref_primary_10_1109_MCS_2020_3019723
crossref_primary_10_3982_ECTA18585
crossref_primary_10_1007_s40685_019_0093_7
crossref_primary_10_1515_apjri_2019_0039
crossref_primary_10_1016_j_jebo_2010_02_015
crossref_primary_10_1016_j_respol_2014_03_012
crossref_primary_10_1186_s40359_025_03186_x
crossref_primary_10_1007_s11166_018_9292_4
crossref_primary_10_1111_j_1467_6419_2010_00658_x
crossref_primary_10_1016_j_geb_2013_01_001
crossref_primary_10_1257_jep_38_4_131
crossref_primary_10_1016_j_jebo_2022_05_009
crossref_primary_10_1016_j_jebo_2021_06_032
crossref_primary_10_1016_j_ejor_2014_11_040
crossref_primary_10_1080_14719037_2017_1282002
crossref_primary_10_1016_j_ememar_2020_100726
crossref_primary_10_1016_j_jebo_2022_05_015
crossref_primary_10_1016_j_econmod_2024_106882
crossref_primary_10_1016_j_foodpol_2015_04_010
crossref_primary_10_1016_j_joep_2023_102680
crossref_primary_10_1016_j_jebo_2020_04_018
crossref_primary_10_1007_s00199_011_0615_9
crossref_primary_10_1093_oep_gpac015
crossref_primary_10_1016_j_worlddev_2023_106427
crossref_primary_10_1007_s10683_020_09659_7
crossref_primary_10_3390_fi14100294
crossref_primary_10_1257_jep_26_3_157
crossref_primary_10_1007_s10797_019_09540_1
crossref_primary_10_1111_j_1467_9779_2009_01457_x
crossref_primary_10_1007_s10683_007_9183_z
crossref_primary_10_1002_jts5_38
crossref_primary_10_1093_rfs_hhu069
crossref_primary_10_1016_j_joep_2007_07_010
crossref_primary_10_1016_j_geb_2013_05_003
crossref_primary_10_1016_j_jempfin_2021_09_004
crossref_primary_10_1111_joie_12185
crossref_primary_10_1007_s10596_019_09874_z
crossref_primary_10_1016_j_chieco_2021_101597
crossref_primary_10_1016_j_jpubeco_2019_05_001
crossref_primary_10_1016_j_jbef_2024_100939
crossref_primary_10_1016_j_jebo_2017_07_016
crossref_primary_10_1016_j_geb_2021_07_007
crossref_primary_10_1017_S0022109011000123
crossref_primary_10_1016_j_euroecorev_2013_02_002
crossref_primary_10_1093_rfs_hhq151
crossref_primary_10_3389_fpsyg_2016_00169
crossref_primary_10_1007_s11166_021_09358_5
crossref_primary_10_1016_j_jebo_2018_06_014
crossref_primary_10_1111_agec_12123
crossref_primary_10_1093_ej_uead080
crossref_primary_10_1016_j_addbeh_2021_107056
crossref_primary_10_1287_mnsc_2021_4294
crossref_primary_10_1016_j_geb_2019_02_011
crossref_primary_10_1016_j_socnet_2015_04_011
crossref_primary_10_1016_j_econlet_2017_03_038
crossref_primary_10_1287_mnsc_2022_4584
crossref_primary_10_1002_bdm_2008
crossref_primary_10_1016_j_joep_2011_07_007
crossref_primary_10_1257_aer_99_4_1484
crossref_primary_10_1080_15427560_2022_2081970
crossref_primary_10_1111_psyp_13431
crossref_primary_10_1016_j_econlet_2021_110200
crossref_primary_10_1016_j_jebo_2009_07_014
crossref_primary_10_1016_j_cognition_2024_106001
crossref_primary_10_1007_s10640_023_00796_0
crossref_primary_10_1016_j_joep_2024_102771
crossref_primary_10_1002_mde_2723
crossref_primary_10_1007_s11166_011_9131_3
crossref_primary_10_1016_j_jfineco_2013_11_002
crossref_primary_10_1371_journal_pone_0202335
crossref_primary_10_1016_j_geb_2023_05_008
crossref_primary_10_3390_e22020170
crossref_primary_10_1162_REST_a_00146
crossref_primary_10_1002_bdm_1960
crossref_primary_10_1007_s10640_020_00525_x
crossref_primary_10_1287_mnsc_2013_1793
crossref_primary_10_1017_S0022109017000035
crossref_primary_10_1007_s11238_009_9152_4
crossref_primary_10_1257_mic_1_1_207
crossref_primary_10_1016_j_jebo_2023_08_025
crossref_primary_10_1111_j_1540_6261_2008_01411_x
crossref_primary_10_1257_jel_20201461
crossref_primary_10_3982_QE650
crossref_primary_10_1007_s10111_025_00815_8
crossref_primary_10_1007_s11166_007_9020_y
crossref_primary_10_1108_JPBAFM_03_2018_008
crossref_primary_10_1002_aepp_13006
crossref_primary_10_1093_scan_nsv036
crossref_primary_10_1016_j_jebo_2011_05_012
crossref_primary_10_1146_annurev_financial_111914_041834
crossref_primary_10_1016_j_joep_2024_102718
crossref_primary_10_1016_j_mehy_2014_12_007
crossref_primary_10_3982_ECTA10751
crossref_primary_10_1007_s11069_022_05541_2
crossref_primary_10_1177_0951629815603492
crossref_primary_10_1287_orsc_2020_14705
crossref_primary_10_1093_jeea_jvaa051
crossref_primary_10_1177_00222437221147088
crossref_primary_10_1111_j_1540_6261_2009_01509_x
crossref_primary_10_1007_s11166_019_09309_1
crossref_primary_10_1007_s10683_011_9303_7
crossref_primary_10_1093_restud_rdaf032
crossref_primary_10_1093_restud_rdad096
crossref_primary_10_1093_qje_qjaf020
crossref_primary_10_1016_j_cogpsych_2024_101642
crossref_primary_10_1016_j_joep_2010_12_004
crossref_primary_10_1002_aepp_13350
crossref_primary_10_1007_s11142_010_9132_5
crossref_primary_10_1080_13546783_2020_1781691
crossref_primary_10_1007_s11408_016_0274_8
crossref_primary_10_1257_aer_97_4_1278
crossref_primary_10_1016_j_paid_2007_01_002
crossref_primary_10_1016_j_jebo_2012_08_004
crossref_primary_10_3390_g10020020
crossref_primary_10_1007_s11166_012_9143_7
crossref_primary_10_1016_j_joep_2019_01_004
crossref_primary_10_1016_j_econedurev_2022_102288
crossref_primary_10_1007_s10584_012_0615_1
Cites_doi 10.2307/2946694
10.1016/0167-2681(92)90078-P
10.1016/S0899-8256(05)80020-X
10.1016/S0167-2681(99)00076-1
10.1016/S0167-4870(98)00024-5
10.1016/0010-0285(73)90033-9
10.1111/1468-0262.00054
10.1016/0010-0285(72)90016-3
10.2307/1885092
10.1037/h0031322
ContentType Journal Article
Copyright Copyright 1998-2005 American Economic Association
Copyright American Economic Association Sep 2005
Copyright_xml – notice: Copyright 1998-2005 American Economic Association
– notice: Copyright American Economic Association Sep 2005
DBID AAYXX
CITATION
0-V
3V.
7WY
7WZ
7X7
7XB
87Z
88C
88E
88J
8BJ
8FI
8FJ
8FK
8FL
8G5
ABUWG
AFKRA
ALSLI
AZQEC
BENPR
BEZIV
CCPQU
DWQXO
FQK
FRNLG
FYUFA
F~G
GHDGH
GNUQQ
GUQSH
JBE
K60
K6~
K9.
L.-
L.0
M0C
M0S
M0T
M1P
M2O
M2R
MBDVC
PHGZM
PHGZT
PJZUB
PKEHL
POGQB
PPXIY
PQBIZ
PQBZA
PQEST
PQQKQ
PQUKI
PRINS
PRQQA
Q9U
DOI 10.1257/0002828054825583
DatabaseName CrossRef
ProQuest Social Sciences Premium Collection【Remote access available】
ProQuest Central (Corporate)
ABI/INFORM Collection
ABI/INFORM Global (PDF only)
Health & Medical Collection
ProQuest Central (purchase pre-March 2016)
ABI/INFORM Collection
Healthcare Administration Database (Alumni)
Medical Database (Alumni Edition)
Social Science Database (Alumni Edition)
International Bibliography of the Social Sciences (IBSS)
Hospital Premium Collection
Hospital Premium Collection (Alumni Edition)
ProQuest Central (Alumni) (purchase pre-March 2016)
ABI/INFORM Collection (Alumni)
Research Library
ProQuest Central (Alumni)
ProQuest Central UK/Ireland
Social Science Premium Collection
ProQuest Central Essentials
ProQuest Central
Business Premium Collection
ProQuest One
ProQuest Central Korea
International Bibliography of the Social Sciences
Business Premium Collection (Alumni)
Health Research Premium Collection
ABI/INFORM Global (Corporate)
Health Research Premium Collection (Alumni)
ProQuest Central Student
ProQuest Research Library
International Bibliography of the Social Sciences
ProQuest Business Collection (Alumni Edition)
ProQuest Business Collection
ProQuest Health & Medical Complete (Alumni)
ABI/INFORM Professional Advanced
ABI/INFORM Professional Standard
ABI/INFORM Global
Health & Medical Collection (Alumni)
Healthcare Administration Database
Medical Database
Research Library
Social Science Database
Research Library (Corporate)
ProQuest Central Premium
ProQuest One Academic
ProQuest Health & Medical Research Collection
ProQuest One Academic Middle East (New)
ProQuest Sociology & Social Sciences Collection
ProQuest One Health & Nursing
ProQuest One Business
ProQuest One Business (Alumni)
ProQuest One Academic Eastern Edition (DO NOT USE)
ProQuest One Academic (retired)
ProQuest One Academic UKI Edition
ProQuest Central China
ProQuest One Social Sciences
ProQuest Central Basic
DatabaseTitle CrossRef
ProQuest Business Collection (Alumni Edition)
Research Library Prep
ProQuest Central Student
ProQuest Central Essentials
Sociology & Social Sciences Collection
ProQuest Central China
ABI/INFORM Complete
Health Research Premium Collection
Health & Medical Research Collection
ProQuest Central (New)
ProQuest Medical Library (Alumni)
Business Premium Collection
Social Science Premium Collection
ABI/INFORM Global
ProQuest One Academic Eastern Edition
ProQuest Hospital Collection
Health Research Premium Collection (Alumni)
ProQuest Business Collection
ProQuest Hospital Collection (Alumni)
ProQuest Health & Medical Complete
ProQuest Social Science Journals
ProQuest Social Sciences Premium Collection
ProQuest One Academic UKI Edition
ProQuest Health Management (Alumni Edition)
ProQuest One Academic
ProQuest One Academic (New)
ABI/INFORM Global (Corporate)
ProQuest One Business
ProQuest Sociology & Social Sciences Collection
ProQuest One Academic Middle East (New)
ProQuest Social Science Journals (Alumni Edition)
ProQuest Health & Medical Complete (Alumni)
ProQuest Central (Alumni Edition)
ProQuest One Community College
ProQuest One Health & Nursing
Research Library (Alumni Edition)
ProQuest Central
ABI/INFORM Professional Advanced
ProQuest Health & Medical Research Collection
International Bibliography of the Social Sciences (IBSS)
Health and Medicine Complete (Alumni Edition)
ABI/INFORM Professional Standard
ProQuest Central Korea
ProQuest Research Library
ABI/INFORM Complete (Alumni Edition)
ProQuest One Social Sciences
ABI/INFORM Global (Alumni Edition)
ProQuest Central Basic
ProQuest Health Management
ProQuest Medical Library
ProQuest One Business (Alumni)
ProQuest Central (Alumni)
Business Premium Collection (Alumni)
DatabaseTitleList ProQuest Business Collection (Alumni Edition)
Database_xml – sequence: 1
  dbid: BENPR
  name: ProQuest Central
  url: https://www.proquest.com/central
  sourceTypes: Aggregation Database
DeliveryMethod fulltext_linktorsrc
Discipline Economics
Law
EISSN 1944-7981
EndPage 1309
ExternalDocumentID 928737501
10_1257_0002828054825583
4132717
Genre Feature
GroupedDBID ---
--Z
-DZ
-ET
-~X
..I
.L6
0-V
1OL
23M
2AX
2FS
2KS
3EH
3R3
4.4
5GY
6J9
7WY
7X7
85S
88E
8FI
8FJ
8FL
8G5
AABCJ
AAIKC
AAMNW
AAWTO
AAXLS
AAYJJ
AAYOK
ABAWQ
ABBHK
ABEFU
ABEHJ
ABGFU
ABKVW
ABPFR
ABPPZ
ABPQH
ABUWG
ABXSQ
ABYYQ
ABZIE
ACHJO
ACHQT
ACIHN
ACNCT
ACTDY
ACUBG
ACXJH
ADBBV
ADGDI
ADJVP
ADMHG
ADULT
AEAQA
AEMOZ
AEUPB
AFAIT
AFFNX
AFKRA
AFTQD
AFXHP
AGKTX
AGNAY
AHAJD
AHQJS
AI.
AJUXI
AKVCP
ALIPV
ALMA_UNASSIGNED_HOLDINGS
ALSLI
APTMU
AQUVI
ARALO
ASMEE
AZQEC
BENPR
BEZIV
BPHCQ
BVXVI
CBXGM
CCKSF
CCPQU
CS3
CYVLN
DWQXO
E.L
EBA
EBD
EBE
EBO
EBR
EBS
EBU
ECR
EJD
EMK
EOH
EPL
F5P
FRNLG
FVMVE
FYUFA
GNUQQ
GROUPED_ABI_INFORM_RESEARCH
GUPYA
GUQSH
HMCUK
HVGLF
H~9
IPSME
JAAYA
JAS
JBC
JBMMH
JBZCM
JENOY
JHFFW
JKQEH
JLEZI
JLXEF
JPL
JPPEU
JST
K1G
K60
K6~
KOO
L7B
LU7
M0C
M0T
M1P
M2O
M2R
MRY
MVM
NLV
OK1
OMK
P-O
P2P
PHGZM
PHGZT
PQBIZ
PQBZA
PQQKQ
PRG
PROAC
PSQYO
RNS
RXW
SA0
SJN
TH9
TN5
U5U
UHB
UKHRP
UMD
UPT
USG
VH1
WH7
X6Y
XIH
XOL
XSW
XZL
YOJ
YYP
ZCA
ZCG
~45
~A~
~KM
AAYXX
ABCQX
ABUFD
AFFHD
CITATION
PJZUB
PPXIY
PRQQA
3V.
7XB
8BJ
8FK
FQK
JBE
K9.
L.-
L.0
MBDVC
PKEHL
POGQB
PQEST
PQUKI
PRINS
Q9U
ID FETCH-LOGICAL-c419t-4c0fd3397fba32fcf6c6eb779014fdc4ffa2165bb2e3d637a0b7750e8f4f20283
IEDL.DBID BENPR
ISICitedReferencesCount 139
ISICitedReferencesURI http://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=Summon&SrcAuth=ProQuest&DestLinkType=CitingArticles&DestApp=WOS_CPL&KeyUT=000233213000020&url=https%3A%2F%2Fcvtisr.summon.serialssolutions.com%2F%23%21%2Fsearch%3Fho%3Df%26include.ft.matches%3Dt%26l%3Dnull%26q%3D
ISSN 0002-8282
IngestDate Sun Nov 09 11:45:34 EST 2025
Wed Nov 12 05:02:11 EST 2025
Sat Nov 29 06:18:31 EST 2025
Tue Nov 18 22:10:52 EST 2025
Thu Jul 03 21:13:28 EDT 2025
IsPeerReviewed true
IsScholarly true
Issue 4
Language English
LinkModel DirectLink
MergedId FETCHMERGED-LOGICAL-c419t-4c0fd3397fba32fcf6c6eb779014fdc4ffa2165bb2e3d637a0b7750e8f4f20283
Notes SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 14
ObjectType-Article-2
content type line 23
PQID 233025385
PQPubID 42182
PageCount 10
ParticipantIDs proquest_miscellaneous_38199443
proquest_journals_233025385
crossref_citationtrail_10_1257_0002828054825583
crossref_primary_10_1257_0002828054825583
jstor_primary_4132717
PublicationCentury 2000
PublicationDate 2005-09-01
PublicationDateYYYYMMDD 2005-09-01
PublicationDate_xml – month: 09
  year: 2005
  text: 2005-09-01
  day: 01
PublicationDecade 2000
PublicationPlace Nashville
PublicationPlace_xml – name: Nashville
PublicationTitle The American economic review
PublicationYear 2005
Publisher American Economic Association
Publisher_xml – name: American Economic Association
References p_16
p_17
p_2
p_18
Erev Ido (p_5) 1998; 88
p_12
p_13
p_7
p_10
p_9
p_11
References_xml – ident: p_7
  doi: 10.2307/2946694
– ident: p_10
  doi: 10.1016/0167-2681(92)90078-P
– ident: p_13
  doi: 10.1016/S0899-8256(05)80020-X
– ident: p_18
  doi: 10.1016/S0167-2681(99)00076-1
– ident: p_12
  doi: 10.1016/S0167-4870(98)00024-5
– ident: p_17
  doi: 10.1016/0010-0285(73)90033-9
– ident: p_2
  doi: 10.1111/1468-0262.00054
– ident: p_11
  doi: 10.1016/0010-0285(72)90016-3
– ident: p_9
  doi: 10.2307/1885092
– volume: 88
  start-page: 848
  issue: 4
  year: 1998
  ident: p_5
  publication-title: American Economic Review
– ident: p_16
  doi: 10.1037/h0031322
SSID ssj0000217
Score 2.2640307
SecondaryResourceType review_article
Snippet We examine decision-making under risk in a laboratory experiment. The heart of our design examines how one's propensity to use Bayes' rule is affected by...
SourceID proquest
crossref
jstor
SourceType Aggregation Database
Enrichment Source
Index Database
Publisher
StartPage 1300
SubjectTerms Bayes rule
Bayesian analysis
Bayesian method
Binomials
Cost efficiency
Decision making
Decision theory
Economic costs
Economic theory
Economics
Emotions
Error rates
Errors
Expected utility
Experiments
Game theory
Heuristic
Heuristics
Investors
Laboratories
Payments
Psychological reinforcement
Reinforcement
Risk
Shorter Papers
Studies
Success
Utility theory
Title When Optimal Choices Feel Wrong: A Laboratory Study of Bayesian Updating, Complexity, and Affect
URI https://www.jstor.org/stable/4132717
https://www.proquest.com/docview/233025385
https://www.proquest.com/docview/38199443
Volume 95
WOSCitedRecordID wos000233213000020&url=https%3A%2F%2Fcvtisr.summon.serialssolutions.com%2F%23%21%2Fsearch%3Fho%3Df%26include.ft.matches%3Dt%26l%3Dnull%26q%3D
hasFullText 1
inHoldings 1
isFullTextHit
isPrint
journalDatabaseRights – providerCode: PRVPQU
  databaseName: ABI/INFORM Collection
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: 7WY
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://www.proquest.com/abicomplete
  providerName: ProQuest
– providerCode: PRVPQU
  databaseName: ABI/INFORM Global
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: M0C
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://search.proquest.com/abiglobal
  providerName: ProQuest
– providerCode: PRVPQU
  databaseName: Health & Medical Collection
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: 7X7
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://search.proquest.com/healthcomplete
  providerName: ProQuest
– providerCode: PRVPQU
  databaseName: Healthcare Administration Database
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: M0T
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://search.proquest.com/healthmanagement
  providerName: ProQuest
– providerCode: PRVPQU
  databaseName: ProQuest Central
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: BENPR
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://www.proquest.com/central
  providerName: ProQuest
– providerCode: PRVPQU
  databaseName: Research Library
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: M2O
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://search.proquest.com/pqrl
  providerName: ProQuest
– providerCode: PRVPQU
  databaseName: Social Science Database
  customDbUrl:
  eissn: 1944-7981
  dateEnd: 20190531
  omitProxy: false
  ssIdentifier: ssj0000217
  issn: 0002-8282
  databaseCode: M2R
  dateStart: 19870301
  isFulltext: true
  titleUrlDefault: https://search.proquest.com/socscijournals
  providerName: ProQuest
link http://cvtisr.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwpV3db9MwED_RDgle-BhDlMHwAy9Ii5rYbj54QV21iofSTdPGylNwHHsgjaQ0Haj_PXeOGwRIe-HlpMh2FOXOP9_PPt8BvFahUFwhO-FaxoHUpgyoAnyA1CCNhRKldvVTPs6S-TxdLLJTH5vT-LDKLSY6oC5rTXvkQ47Em-PsHL1bfg-oaBQdrvoKGj3YoURlsg87R8fz07PfUMyjpPN_kVz4c0o002HYsg30WJAjjVLxx7rUhib-A89uzZk-_M-vfQQPvLPJxq11PIY7ptqFe9u7yM0u9Gbq5xP4jIhcsRMEj2_Ye_KlJvBgU2Ou2eWqrq7esjGbtcZSrzaMQg83rLbsSG0M3cFkF0u6JFFdHTKCF0qxud4cMlWVbOzCRfbgYnp8Pnkf-MoLgZZRtkadhbYU6KrYQglutY11bApKTRhJi-qzVvEoHhUFN6KMRaJCbByFJrXScvJYnkK_qivzDJgu0yIW0nCNzppOsyIKrTExvUFl3BYDGG7_e659WnKqjnGdEz1BTeV_a2oAb7oRyzYlxy1995wqu464ZnNksAPY3-ot95O2yTulDeBV14qzjY5QVGXqmyYnfptJKZ7fOn4f7rsMry4U7QX016sb8xLu6h_rr83qAHrJ5SeSi-TAGyw-fQgnTp6T5CdOnv0CKvbw5Q
linkProvider ProQuest
linkToHtml http://cvtisr.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMw1V1LT9wwEB4BrQQXWiiILaX4QA-ViDaxs9kEqaoW2hWIsO1habkFx7EBiSbLZgHlR_U_diavqkXixoFzbMuJv3l88TwAdqQtJJfITrhyPctVOrGoA7yF1MD3hBSJKvun_Aj7o5F_dhZ8n4PfTS4MhVU2OrFU1Emm6B95lyPx5iidvc-TG4uaRtHlatNBo0LFsS7ukbHln46-4PF-4Hz4dXxwaNVNBSzlOsEMt2ObRKAVNrEU3CjjKU_HVHXPcQ3uzBjJHa8Xx1yLxBN9aePDnq194xpOxhjXnYcXVFaPIghP7PFfxc-dfuttI5Wpb0VRKLp2xW3QP0JG1vPFP1awCoR8YAxKCzd89cy-zWtYrl1pNqiwvwJzOl2FxSbTOl-F-VDev4FztDcp-4aq8ReOPrjMSDWyodbX7Oc0Sy_22ICFlShk04JRYGXBMsP2ZaEpw5SdTigFJL3YZaQ8qYDorNhlMk3YoAyGWYPTJ3nNdVhIs1RvAFOJH3vC1VyhK6r8IHZso7VHK8iAm7gD3eacI1UXXafeH9cRkS9ERvQ_MjrwsZ0xqQqOPDJ2rYROOxA9Eo78vAObDU6iWiXlUQuSDmy3T1GX0AWRTHV2m0fE3gPXFW8fnb8Ni4fjkzAKj0bHm7BU1rItg-7ewcJsequ34KW6m13l0_eleDA4f2rM_QHlh0hK
linkToPdf http://cvtisr.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMw1V1bT9RAFD4BNOILKkJcUZkHfTCh2XZm2m1JiFnBDYR1JUaEtzKdzqAJtut2kfSn8e88pzejJrzxwHNnJtPOdy5f51wAXitXKK6QnXAtA0dqkzrUAd5BahAGQolUV_1Tvo4Hk0l4ehodLcB1mwtDYZWtTqwUdZpr-kfe50i8OUqn37dNVMTR3ujd9KdDDaToorXtplEj5NCUV8jeip2DPTzqN5yPPnzZ3XeaBgOOll40x625NhVokW2iBLfaBjowCVXg86TFXVqruBf4ScKNSAMxUC4-9F0TWmk5GWZcdxHuDaTvk3B95J__GAHuDTrPG2lNc0OKAtJ3a56DvhKyMz8Uf1nEOijyP8NQWbvRozv8nR7DSuNis2EtE09gwWSrsNxmYBersDhWV0_hDO1Qxj6hyvyBo3e_5aQy2ciYC3Yyy7PzbTZk41pE8lnJKOCyZLll71VpKPOUHU8pNSQ732KkVKmw6LzcYipL2bAKklmD41t5zXVYyvLMPAOm0zAJhDRco4uqwyjxXGtMQCuoiNukB_32zGPdFGOnniAXMZEyREn8L0p68LabMa0Lkdwwdq2CUTcQPRWOvL0HGy1m4kZVFXEHmB5sdk9Rx9DFkcpMflnExOojKcXzG-dvwgOEWjw-mBxuwMOqxG0Vi_cCluazS_MS7utf8-_F7FUlKQzObhtyvwFM6lES
openUrl ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=When+Optimal+Choices+Feel+Wrong%3A+A+Laboratory+Study+of+Bayesian+Updating%2C+Complexity%2C+and+Affect&rft.jtitle=The+American+economic+review&rft.au=Charness%2C+Gary&rft.au=Levin%2C+Dan&rft.date=2005-09-01&rft.pub=American+Economic+Association&rft.issn=0002-8282&rft.volume=95&rft.issue=4&rft.spage=1300&rft.epage=1309&rft_id=info:doi/10.1257%2F0002828054825583&rft.externalDocID=4132717
thumbnail_l http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0002-8282&client=summon
thumbnail_m http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0002-8282&client=summon
thumbnail_s http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0002-8282&client=summon