Reasons For Choice

Question 1

In experienced experiments, do people under or over weight small probabilities?

Answer 1

Underweighted.

Question 2

What are the two advantages of reason-based choice?

Answer 2

1. Seems closer to how we think.
2. Provides natural way of understanding conflict underlying many decisions.

Question 3

What happened in the study with the parent custody battle?

Answer 3

When asked which parent should be awarded custody, most chose B. When asked who should be denied custody, people picked B.