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Munich Personal RePEc ArchiveIndividual decisionmaking experiment with risk and intertemporal choice: a replication study Morone, Andrea and Casamassima, Alessia and Cascavilla, Alessandro University of Bari \"Aldo Moro\", Universitat Jaume IFebruary 2020Online at https://mpra.ub.unimuenchen.de/111374/ MPRA Paper No. 111374, posted 06 Jan 2022 06:22 UTCIndividual decisionmaking experiment with risk and intertemporal choice: a replication study Andrea Morone IIAlessia Casamassima IAlessandro
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Define the objective of the decision-making experiment.
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Identify the decision options available to you.
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Gather relevant data and information for each option.
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Create a framework to evaluate the options, using criteria such as potential impact, feasibility, and risks.
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Assign weights to each criterion based on their importance to your decision.
06
Score each option against the criteria.
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Calculate a total score for each option by combining the scores with the assigned weights.
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Analyze the results to determine which option has the highest score.
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Document the findings and the rationale behind your chosen option.
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Review the process and results before making a final decision.

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An individual decision-making experiment is a study or test designed to evaluate how a person makes choices, often under various conditions or scenarios, to understand the reasoning and cognitive processes behind their decisions.
Typically, researchers, psychologists, or organizations conducting studies on decision-making processes are required to file individual decision-making experiments, especially when they involve human participants.
To fill out an individual decision-making experiment, participants usually need to follow a set of instructions provided, complete any required surveys or questionnaires, and document their choices and reasoning as per the experiment's protocol.
The purpose of an individual decision-making experiment is to gain insights into the factors influencing personal choices, examine behavioral patterns, and contribute to the understanding of psychological and economic theories related to decision-making.
The information that must be reported includes participant demographics, the context of the decision-making scenarios, the decisions made by participants, the rationale behind their choices, and any relevant outcomes or observations noted during the experiment.
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