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<p class="MsoNormal"><span lang="EN-US">Dear members and friends of the VCEE,<br>
<br>
You are invited to attend the VCEE seminar on Friday, January 29, 2021, from 10:00 to 11:30 hrs Vienna time.<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US">We will have one speaker: Alexander Ritschel (U Zurich)</span><o:p></o:p></p>
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This seminar will be held online via Zoom.</span><o:p></o:p></p>
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<p class="MsoPlainText" style="white-space:pre-wrap"><span lang="EN-US">Join Zoom Meeting</span><o:p></o:p></p>
<p class="MsoPlainText"><a href="https://us02web.zoom.us/j/88243069732?pwd=bnVSa2h4VlhPbmdONjF5WlVoVmRsZz09"><span lang="EN-US">https://us02web.zoom.us/j/88243069732?pwd=bnVSa2h4VlhPbmdONjF5WlVoVmRsZz09</span></a><o:p></o:p></p>
<p class="MsoPlainText"><span lang="EN-US"> </span><o:p></o:p></p>
<p class="MsoNormal"><b><span lang="EN-US">I invite you stay on after the talk to discuss the presented paper with Alexander Ritschel.</span></b><o:p></o:p></p>
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<p class="MsoNormal"><span lang="EN-US"> </span><o:p></o:p></p>
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<p class="MsoNormal">You'll need to install Zoom in order to join the seminar.<o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt">If you don't have Zoom already, you can simply click right now on the link above; you'll then be prompted to install it.<br>
<span lang="EN-US">If you already have Zoom you can also use the following information:<br>
Meeting ID: 882 4306 9732<br>
Passcode: 5Xi5JS</span><o:p></o:p></p>
<p class="MsoNormal"><span lang="EN-US">If you need help, feel free to contact Philipp (</span><a href="mailto:philipp.kuelpmann@univie.ac.at"><span lang="EN-US">philipp.kuelpmann@univie.ac.at</span></a><span lang="EN-US">).<br>
<br>
The schedule is:<br>
- 9:40: the waiting room opens <br>
- 9:55: we let everyone into the seminar room <br>
- 10:00--11:00: Presentation<br>
- Afterwards open discussion with everyone <br>
<br>
Here is more information about the talk:<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="letter-spacing:.15pt;background:white">Title:
</span></b><span lang="EN-US" style="letter-spacing:.15pt;background:white">Attention and Salience in Preference Reversals<b>
</b></span><o:p></o:p></p>
<p class="MsoNormal"><b><span lang="EN-US" style="letter-spacing:.15pt;background:white"> </span></b><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><b><span lang="EN-US" style="letter-spacing:.15pt;background:white">Abstract:
</span></b><span lang="EN-US" style="letter-spacing:.15pt;background:white">The preference reversal phenomenon, where monetary evaluations contradict risky choices, has been argued to arise due to differences in the salience of the outcome states (Salience
Theory; Bordalo et al., 2012). Salience Theory argues that subjective probability weights of outcome states depend on the salience of those states, leading to larger overpricing of long-shot options compared to safer options during the evaluation phase. Such
an explanation makes the implicit assumption that attentional shifts might drive the phenomenon. We conducted two pre-registered experiments, an online study (N = 256) and an eye-tracking study (N = 64), in which we investigate salience and attention in preference
reversals, manipulating salience through presence of an alternative lottery in the evaluation phase.</span><o:p></o:p></p>
<p class="MsoNormal">Best regards,<o:p></o:p></p>
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<p class="MsoNormal">Wieland Müller<o:p></o:p></p>
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