@inbook{6fd4bd3d60284c89973c3d5404cf0512,
title = "The influence of probability format on elicited certainty equivalents",
abstract = "We compare six different formats for the presentation of probabilities, in terms of the certainty equivalents that they elicit from human participants, and the probability-weighting parameters that participants' decisions imply. We find substantial differences among formats, including a visual analogue of the ratio bias. The results indicate that experimental results concerning decision making under risk can be greatly affected by the presentation format employed.",
keywords = "Certainty equivalent, Format, Probability, Probability transformation, Ratio bias",
author = "Noussair, {Charles N.} and Bodo Vogt",
year = "2013",
doi = "10.1016/B978-0-444-62604-2.00009-5",
language = "English (US)",
series = "Progress in Brain Research",
publisher = "Elsevier B.V.",
pages = "151--171",
booktitle = "Progress in Brain Research",
}