“Decisions from experience” = sampling error + prospect theory: Reconsidering Hertwig, Barron, Weber & Erev (2004)
According to prospect theory, people overweight low probability events and underweight high probability events. Several recent papers (notably, Hertwig, Barron, Weber & Erev, 2004) have argued that although this pattern holds for “description-based” decisions, in which people are explicitly provided...
Sábháilte in:
| Príomhchruthaitheoirí: | , |
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| Formáid: | Artigo |
| Teanga: | Inglês |
| Foilsithe / Cruthaithe: |
Cambridge University Press
2006-11-01
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| Sraith: | Judgment and Decision Making |
| Ábhair: | |
| Rochtain ar líne: | https://www.cambridge.org/core/product/identifier/S1930297500002370/type/journal_article |
| Clibeanna: |
Níl clibeanna ann, Bí ar an gcéad duine le clib a chur leis an taifead seo!
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