Innumeracy and incentives: A ratio bias experiment
The Ratio-Bias phenomenon, observed by psychologist Seymour Epstein and colleagues, is a systematic manifestation of irrationality. When offered a choice between two lotteries, individuals consistently choose the lottery with the greater number of potential successes, even when it offers a smaller p...
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| Κύριοι συγγραφείς: | , , , |
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| Μορφή: | Artigo |
| Γλώσσα: | Inglês |
| Έκδοση: |
Cambridge University Press
2007-08-01
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| Σειρά: | Judgment and Decision Making |
| Θέματα: | |
| Διαθέσιμο Online: | https://www.cambridge.org/core/product/identifier/S1930297500000577/type/journal_article |
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