I'm delighted that our paper, "Risk Matters Less When Options Are Apples-to-Oranges: The Translate-and-Accommodate Model" (Evan Weingarten, Yuval Rottenstreich, and George Wu) has just been accepted at Psychological Review.
papers.ssrn.com/sol3/papers....
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<p><a rel="nofollow"><span>Risk aversion for moderate-likelihood gains is perhaps the best-known stylized fact from decision r
