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Regret and the control of temporary preferences
Published online by Cambridge University Press: 25 October 2005
Abstract
Regret is often symptomatic of the defective decisions associated with “temporary preference” problems. It may also help overcome these defects. Outcome regret can modify the relative utilities of different payoffs. Process regret can motivate search for better decision processes or trap-evading strategies. Heightened regret may thus be functional for control of these self-defeating choices.
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- Copyright © Cambridge University Press 2005
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