The implications of linking questions within the SG and TTO methods
研究了在标准博弈法和时间权衡法中引入链接中间阶段的影响,发现标准博弈法的结果可由损失厌恶解释,但时间权衡法的结果不同,表明该方法中存在抵消损失厌恶的其他因素。
We consider the impact of introducing intermediate stages, chained together, into the standard gamble (SG) and time trade-off (TTO) methods. Less is known about the impact of intermediate stages, chained together, in the TTO method. We broadly replicate the patterns of responses observed in other SG studies which have been accounted for by loss aversion. We find that the TTO responses do not replicate the patterns found in the SG responses. The results support the notion that additional issues arise in the TTO method that counteract loss aversion.