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This project represents a series of experiments on how extreme outcomes (big and small) influence risky decisions from experience. In previous work we have found that these extreme outcomes are better remembered and overeweighted in choice. The key question in this experimental sequence is whether proximity to the edge of the distribution or distinctiveness is responsible for the outsized effect of the extremes. In the project, there are two preregistered experiments that look at whether the presence of neighbouring outcomes to those extremes affects their disproportionate influence in memory and choice. There is also a preprint with two additional experiments that look at other aspects of distinctiveness--frequency of occurrence and uniqueness of association with choice options. The experimental materials (e-prime and image files) and full datasets will appear soon.
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