Publications [#274135] of Richard P. Larrick

Papers Published

1. Larrick, RP; Nisbett, RE; Morgan, JN (1993). Who uses the cost-benefit rules of choice? implications for the normative status of microeconomic theory. Organizational Behavior and Human Decision Processes, 56(3), 331-347. [doi]
   (last updated on 2024/04/18)

   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.