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Groupthink
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The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
Published on: August 25, 2023
Shweta Desiraju1, Berkeley J Dietvorst1
1University of Chicago Booth School of Business.
Reason defaults improve decision-making by explaining why an option is chosen and who should consider alternatives. This "reason default" helps individuals with minority interests make better choices.
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