Does uncertainty cause inertia in decision making? An experimental study of the role of regret aversion and indecisiveness
Previous research has shown that often there is clear inertia in individual decision making---that is, a tendency for decision makers to choose a status quo option. I conduct a laboratory experiment to investigate two potential determinants of inertia in uncertain environments: (i) regret aversion a...
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Formato: | Documento de trabajo (Working Paper) |
Lenguaje: | Español (Spanish) |
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Universidad del Rosario
2016
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Acceso en línea: | http://repository.urosario.edu.co/handle/10336/12038 |