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Violations of the independence axion in common ratio problems: An experimental test of some competing hypotheses

  • Part II Behavioral Models And Empirical Findings
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Authors and Affiliations

  1. School of Economic and Social Studies, University of East Anglia, NR4 7TJ, Norwich, U.K.

    Chris Starmer & Robert Sugden

Authors
  1. Chris Starmer
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  2. Robert Sugden
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Additional information

The research reported in this paper was supported by the Economic and Social Research Council of the U.K. (award no. B 00 23 2181) and by the Economics Research Centre of the University of East Anglia. An earlier version was presented at an Institute of Management Science/Operations Research Society of America Symposium on Choice under Uncertainty in New Orleans in May 1987; this was made possible by a grant from the British Academy. We are grateful for comments received from participants at this Symposium, and in particular to Colin Camerer; we are grateful also for help in carrying out the experiments from Vance King and Tiam Lim. Many of the ideas in this paper were developed in collaboration with Graham Loomes.

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Starmer, C., Sugden, R. Violations of the independence axion in common ratio problems: An experimental test of some competing hypotheses. Ann Oper Res 19, 79–102 (1989). https://doi.org/10.1007/BF02283515

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