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A new look at the "Asian disease" problem: A choice between the best possible outcomes or between the worst possible outcomes?
Li, S; Xie, XF; X. F. Xie
2006-05-01
Source PublicationTHINKING & REASONING
ISSN1354-6783
SubtypeArticle
Volume12Issue:2Pages:129-143
AbstractThe "Asian disease" problem (Tversky & Kahneman, 1981) demonstrated behaviour in contradiction to the invariance axiom of EU theory. However, the risky choice behaviour was simply seen by the equate-to-differentiate model as a choice between the best possible outcomes or a choice between the worst possible outcomes. It was then argued that a way in which frame influences choice is through the perceived difference between possible outcomes. A "judgement" task was designed to examine whether the knowledge of "the value difference between each possible outcome and the certain outcome" will permit prediction of preference in the choice pattern related to the Asian disease problem. Participants were exposed to an anthrax disease problem (the original or probabilistic version of the Asian disease problem) and a SARS problem (the fuzzy version of the Asian disease problem). It was shown that the empirical evidence in relation to the Asian disease problem could be satisfactorily accounted for by the generalised weak dominance strategy revealed by the judgement results.; The "Asian disease" problem (Tversky & Kahneman, 1981) demonstrated behaviour in contradiction to the invariance axiom of EU theory. However, the risky choice behaviour was simply seen by the equate-to-differentiate model as a choice between the best possible outcomes or a choice between the worst possible outcomes. It was then argued that a way in which frame influences choice is through the perceived difference between possible outcomes. A "judgement" task was designed to examine whether the knowledge of "the value difference between each possible outcome and the certain outcome" will permit prediction of preference in the choice pattern related to the Asian disease problem. Participants were exposed to an anthrax disease problem (the original or probabilistic version of the Asian disease problem) and a SARS problem (the fuzzy version of the Asian disease problem). It was shown that the empirical evidence in relation to the Asian disease problem could be satisfactorily accounted for by the generalised weak dominance strategy revealed by the judgement results.
Subject Area认知心理学
Indexed BySSCI
Language英语
WOS IDWOS:000237865500001
Citation statistics
Cited Times:13[WOS]   [WOS Record]     [Related Records in WOS]
Document Type期刊论文
Identifierhttp://ir.psych.ac.cn/handle/311026/5129
Collection中国科学院心理研究所回溯数据库(1956-2010)
Corresponding AuthorX. F. Xie
Affiliation1.Peking Univ, Dept Psychol, Beijing 100871, Peoples R China
2.China Peking Univ, Chinese Acad Sci, Inst Psychol, Beijing, Peoples R China
Recommended Citation
GB/T 7714
Li, S,Xie, XF,X. F. Xie. A new look at the "Asian disease" problem: A choice between the best possible outcomes or between the worst possible outcomes?[J]. THINKING & REASONING,2006,12(2):129-143.
APA Li, S,Xie, XF,&X. F. Xie.(2006).A new look at the "Asian disease" problem: A choice between the best possible outcomes or between the worst possible outcomes?.THINKING & REASONING,12(2),129-143.
MLA Li, S,et al."A new look at the "Asian disease" problem: A choice between the best possible outcomes or between the worst possible outcomes?".THINKING & REASONING 12.2(2006):129-143.
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