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?:about
?:abstract
  • We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. In a series of experiments our participants often choose a stochastically dominated lottery between outcomes, contradicting most theories of choice such as expected utility. A large data set on university applications in Germany shows a choice pattern that is consistent with a preference for randomization, entailing substantial allocative consequences. The findings are consistent with our theory of responsibility aversion. (author's abstract) (xsd:string)
?:contributor
?:dateModified
  • 2014 (xsd:gyear)
?:datePublished
  • 2014 (xsd:gyear)
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  • true (xsd:boolean)
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?:inLanguage
  • en (xsd:string)
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?:name
  • Flipping a coin: theory and evidence (xsd:string)
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?:publicationType
  • Arbeitspapier (xsd:string)
?:sourceInfo
  • GESIS-SSOAR (xsd:string)
rdf:type
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?:volumeNumber
  • SP II 2013-201r (xsd:string)