Stevens' power law exponent for cross-modal length judgments of the disutility of dollar losses, 44, was below that previously reported for magnitude estimates. The exponent did not vary with amount of money available to the subject or with reported spending behavior.
Get full access to this article
View all access options for this article.
References
1.
GalanterE. (1990) Utility functions for nonmonetary events. American Journal of Psychology, 103, 449–470.
2.
GalanterE.PlinerP. (1974) Cross-modality matching of money against other continua. In MoskowitzH.SharfB.StevensJ. C. (Eds.), Sensation and measurement: Papers in honor of S. S. Stevens. Dordrecht, The Netherlands: Reidel. Pp. 65–76.
3.
GescheiderG. A. (1985) Psychophysics: Method, theory, and application. (2nd ed.) Hills-dale, NJ: Erlbaum.
4.
TeghtsoonianR.TeghtsoonlanM. (1978) Range and regression effects in magnitude scaling. Perception & Psychophysics, 24, 305–314.
