{"id":"https://openalex.org/W2924329028","doi":"https://doi.org/10.1017/s1930297500006616","title":"Boundary effects in the Marschak-Machina triangle","display_name":"Boundary effects in the Marschak-Machina triangle","publication_year":2018,"publication_date":"2018-11-01","ids":{"openalex":"https://openalex.org/W2924329028","doi":"https://doi.org/10.1017/s1930297500006616","mag":"2924329028"},"language":"en","primary_location":{"id":"doi:10.1017/s1930297500006616","doi":"https://doi.org/10.1017/s1930297500006616","is_oa":true,"landing_page_url":"https://doi.org/10.1017/s1930297500006616","pdf_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/B7358D9112EF2AF263DF1A858C1684B2/S1930297500006616a.pdf/div-class-title-boundary-effects-in-the-marschak-machina-triangle-div.pdf","source":{"id":"https://openalex.org/S179575189","display_name":"Judgment and Decision Making","issn_l":"1930-2975","issn":["1930-2975"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","doaj","dongbi-b","erih-plus","fnege-3","jufo-1","ki-jl-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Judgment and Decision Making","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/B7358D9112EF2AF263DF1A858C1684B2/S1930297500006616a.pdf/div-class-title-boundary-effects-in-the-marschak-machina-triangle-div.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5028517580","display_name":"Krzysztof Kontek","orcid":"https://orcid.org/0000-0002-6753-7393","observed_orcids":["https://orcid.org/0000-0002-6753-7393"]},"institutions":[{"id":"https://openalex.org/I18193975","display_name":"SGH Warsaw School of Economics","ror":"https://ror.org/032cph770","country_code":"PL","type":"education","lineage":["https://openalex.org/I18193975"]}],"countries":["PL"],"is_corresponding":true,"raw_author_name":"Krzysztof Kontek","raw_affiliation_strings":["Warsaw School of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Warsaw School of Economics","institution_ids":["https://openalex.org/I18193975"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5028517580"],"corresponding_institution_ids":["https://openalex.org/I18193975"],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":{"value":3550,"currency":"USD","value_usd":3550},"fwci":1.0373,"has_fulltext":true,"cited_by_count":9,"citation_normalized_percentile":{"value":0.77618193,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"13","issue":"6","first_page":"587","last_page":"606"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/indifference-curves","display_name":"indifference curves","score":0.9459999799728394},{"id":"https://openalex.org/keywords/range-dependence","display_name":"range dependence","score":0.6949999928474426},{"id":"https://openalex.org/keywords/probability-weighting","display_name":"probability weighting","score":0.6790000200271606},{"id":"https://openalex.org/keywords/attention-switching","display_name":"attentional shift","score":0.6800000071525574},{"id":"https://openalex.org/keywords/nonparametric-statistics","display_name":"nonparametric statistics","score":0.5049999952316284},{"id":"https://openalex.org/keywords/risk-preferences","display_name":"risk preferences","score":0.3400000035762787}],"concepts":[{"id":"https://openalex.org/C2777340749","wikidata":"https://www.wikidata.org/wiki/Q6684955","display_name":"Lottery","level":2,"score":0.7608258128166199},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.7086067795753479},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5719242095947266},{"id":"https://openalex.org/C2780310539","wikidata":"https://www.wikidata.org/wiki/Q12547192","display_name":"Imperfect","level":2,"score":0.544105052947998},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.5165804624557495},{"id":"https://openalex.org/C2780719617","wikidata":"https://www.wikidata.org/wiki/Q1030752","display_name":"Salient","level":2,"score":0.5032801032066345},{"id":"https://openalex.org/C184898388","wikidata":"https://www.wikidata.org/wiki/Q1435712","display_name":"Pairwise comparison","level":2,"score":0.4840640127658844},{"id":"https://openalex.org/C2777042112","wikidata":"https://www.wikidata.org/wiki/Q5281658","display_name":"Discontinuity (linguistics)","level":2,"score":0.46813735365867615},{"id":"https://openalex.org/C183115368","wikidata":"https://www.wikidata.org/wiki/Q856577","display_name":"Weighting","level":2,"score":0.44707363843917847},{"id":"https://openalex.org/C50335755","wikidata":"https://www.wikidata.org/wiki/Q483247","display_name":"Phenomenon","level":2,"score":0.41492176055908203},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3655712604522705},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.34471118450164795},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.33305269479751587},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.278891384601593},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.26171350479125977},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.19949373602867126},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.1829339861869812},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.16967052221298218},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.15617048740386963},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.09841328859329224},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C24890656","wikidata":"https://www.wikidata.org/wiki/Q82811","display_name":"Acoustics","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1017/s1930297500006616","doi":"https://doi.org/10.1017/s1930297500006616","is_oa":true,"landing_page_url":"https://doi.org/10.1017/s1930297500006616","pdf_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/B7358D9112EF2AF263DF1A858C1684B2/S1930297500006616a.pdf/div-class-title-boundary-effects-in-the-marschak-machina-triangle-div.pdf","source":{"id":"https://openalex.org/S179575189","display_name":"Judgment and Decision Making","issn_l":"1930-2975","issn":["1930-2975"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","doaj","dongbi-b","erih-plus","fnege-3","jufo-1","ki-jl-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Judgment and Decision Making","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:cup:judgdm:v:13:y:2018:i:6:p:587-606_8","doi":null,"is_oa":false,"landing_page_url":"https://www.cambridge.org/core/product/identifier/S1930297500006616/type/journal_article","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:jdm:journl:v:13:y:2018:i:6:p:587-606","doi":null,"is_oa":false,"landing_page_url":"http://journal.sjdm.org/15/15517/jdm15517.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:75a9adb7043b4fb5a29e8cd527d061d3","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/75a9adb7043b4fb5a29e8cd527d061d3","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Judgment and Decision Making, Vol 13, Iss 6, Pp 587-606 (2018)","raw_type":"article"},{"id":"pmh:oai:doaj.org/article:bcec72c01fa5442e882c3a5fcdc13368","doi":null,"is_oa":false,"landing_page_url":"https://doaj.org/article/bcec72c01fa5442e882c3a5fcdc13368","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Judgment and Decision Making, Vol 13, Pp 587-606 (2018)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1017/s1930297500006616","doi":"https://doi.org/10.1017/s1930297500006616","is_oa":true,"landing_page_url":"https://doi.org/10.1017/s1930297500006616","pdf_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/B7358D9112EF2AF263DF1A858C1684B2/S1930297500006616a.pdf/div-class-title-boundary-effects-in-the-marschak-machina-triangle-div.pdf","source":{"id":"https://openalex.org/S179575189","display_name":"Judgment and Decision Making","issn_l":"1930-2975","issn":["1930-2975"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","doaj","dongbi-b","erih-plus","fnege-3","jufo-1","ki-jl-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Judgment and Decision Making","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.6899999976158142,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320322511","display_name":"Narodowe Centrum Nauki","ror":"https://ror.org/03ha2q922"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2924329028.pdf","grobid_xml":"https://content.openalex.org/works/W2924329028.grobid-xml"},"referenced_works_count":45,"referenced_works":["https://openalex.org/W65021244","https://openalex.org/W186590255","https://openalex.org/W1489979001","https://openalex.org/W1530935034","https://openalex.org/W1546755032","https://openalex.org/W1564938183","https://openalex.org/W1674810554","https://openalex.org/W1967322473","https://openalex.org/W1992558505","https://openalex.org/W1997824816","https://openalex.org/W2025798723","https://openalex.org/W2025925112","https://openalex.org/W2026447771","https://openalex.org/W2029632644","https://openalex.org/W2037745646","https://openalex.org/W2040689732","https://openalex.org/W2041946752","https://openalex.org/W2042223112","https://openalex.org/W2056819186","https://openalex.org/W2065358170","https://openalex.org/W2088646424","https://openalex.org/W2088686761","https://openalex.org/W2089328088","https://openalex.org/W2096796732","https://openalex.org/W2099161251","https://openalex.org/W2102118103","https://openalex.org/W2104865599","https://openalex.org/W2111417158","https://openalex.org/W2120677542","https://openalex.org/W2122405726","https://openalex.org/W2135874888","https://openalex.org/W2140619986","https://openalex.org/W2147822314","https://openalex.org/W2155837718","https://openalex.org/W2516137114","https://openalex.org/W2532883728","https://openalex.org/W3011865677","https://openalex.org/W3122308792","https://openalex.org/W3124385173","https://openalex.org/W3125025961","https://openalex.org/W3125353710","https://openalex.org/W3144867374","https://openalex.org/W4231739827","https://openalex.org/W4244233259","https://openalex.org/W4254332316"],"related_works":["https://openalex.org/W234814821","https://openalex.org/W2089328088","https://openalex.org/W2026447771","https://openalex.org/W1530935034","https://openalex.org/W186590255","https://openalex.org/W7005334875","https://openalex.org/W158218550","https://openalex.org/W7000548571","https://openalex.org/W2088686761","https://openalex.org/W2563584367"],"abstract_inverted_index":{"Abstract":[0],"This":[1],"paper":[2],"presents":[3],"the":[4,14,20,35,39,49,60,75,140],"results":[5],"of":[6,16,62,78,116],"a":[7],"study":[8],"that":[9,137],"sheds":[10],"new":[11],"light":[12],"on":[13,74,91],"shape":[15],"indifference":[17,32,134],"curves":[18,33],"in":[19,31,56,97,143],"Marschak-Machina":[21],"triangle.":[22],"The":[23,51],"most":[24],"important":[25],"observation,":[26],"obtained":[27,142],"non-parametrically,":[28],"concerns":[29],"jumps":[30],"at":[34,48],"triangle":[36,40],"legs":[37],"towards":[38],"origin.":[41],"These":[42],"jumps,":[43],"however,":[44],"do":[45],"not":[46],"appear":[47],"hypotenuse.":[50],"pattern":[52],"observed":[53],"suggests":[54],"discontinuity":[55,96],"lottery":[57,63],"valuation":[58],"when":[59],"range":[61,79],"outcomes":[64],"changes":[65],"and":[66,124],"is":[67],"best":[68],"explained":[69],"by":[70],"decision-making":[71],"models":[72],"based":[73],"psychological":[76,93],"phenomenon":[77],"dependence":[80],"(Parducci,":[81],"1965;":[82],"Cohen,":[83],"1992;":[84],"Kontek":[85],"&":[86,101,108,121],"Lewandowski,":[87],"2018).":[88],"Models":[89],"founded":[90],"other":[92],"phenomena,":[94],"e.g.,":[95],"decision":[98],"weights":[99],"(Kahneman":[100],"Tversky,":[102],"1979),":[103],"cumulative":[104],"probability":[105],"weighting":[106],"(Tversky":[107],"Kahneman,":[109],"1992),":[110],"attention":[111],"shifting":[112],"(Birnbaum,":[113],"2008),":[114],"overweighting":[115],"salient":[117],"payoffs":[118],"(Bordallo,":[119],"Gennaioli":[120],"Shefrin,":[122],"2012),":[123],"treating":[125],"stated":[126],"probabilities":[127],"as":[128],"imperfect":[129],"information":[130],"(Viscusi,":[131],"1989),":[132],"predict":[133],"curve":[135],"shapes":[136],"differ":[138],"from":[139],"one":[141],"this":[144],"study.":[145]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":4},{"year":2018,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2019-04-01T00:00:00"}