Prefer a chat interface with context about you and your work?
Risk, time, and psychological distance: Does construal level theory capture the impact of delay on risk preference?
Do people change their preferences when they are offered the same risky lotteries at different times (now vs. the future)? Construal level theory (CLT) suggests that people do because our mental representation of events is moderated by how near or distant such events are in time. According to CLT, in …