Publications [#274135] of Richard P. Larrick

Papers Published

1. Larrick, RP; Nisbett, RE; Morgan, JN, Who uses the cost-benefit rules of choice? implications for the normative status of microeconomic theory, Organizational Behavior and Human Decision Processes, vol. 56 no. 3 (January, 1993), pp. 331-347, Elsevier BV, ISSN 0749-5978 [doi]
   (last updated on 2026/01/16)

   Abstract:
   We find three factors to be associated with use of cost-benefit rules in everyday decisions. These are effectiveness in achieving desirable life outcomes, intelligence, and training in economics. We argue that these empirical findings support the claim that cost-benefit reasoning is normative. © 1993 Academic Press, Inc.