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Second best choices and change in risk-taking
Authors:OLOF DAHLBÄCK
Institution:Department of Sociology, Stockholm University, Stockholm, Sweden
Abstract:Subjects were to reveal their best as well as their second best choices in so-called choice-dilemma problems. It was found that the second best choices consistently tended to be more risk-filled than the best choices. Implications of this finding are discussed.
Keywords:Risk-taking  choice-dilemma problems  second best choices
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