ICPS
2021 APS Virtual Convention
A Rational Account of the Repulsion Effect
The repulsion effect is a puzzling violation of rationality in which the presence of an inferior option decreases the attractiveness of the option that dominates it. We formally develop and experimentally validate a normative theory of this anomaly, which can explain many of its previously observed properties.
Chairs & Discussants
- Rahul BhuiSpeaker
MIT Sloan School of Management - Yang XiangDiscussant
MIT