"Decisions from experience" = sampling error + prospect theory
According to prospect theory, people overweight low probability events and underweight high probability events. Several recent papers (notably, Hertwig, Barron, Weber and Erev, 2004) have argued that although this pattern holds for ``description-based'' decisions, in which people are explicitly prov...
I tiakina i:
| Ngā kaituhi matua: | , |
|---|---|
| Hōputu: | Artigo |
| Reo: | Inglês |
| I whakaputaina: |
Cambridge University Press
2006-11-01
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| Rangatū: | Judgment and Decision Making |
| Ngā marau: | |
| Urunga tuihono: | http://journal.sjdm.org/jdm06144.pdf |
| Ngā Tūtohu: |
Kāore He Tūtohu, Me noho koe te mea tuatahi ki te tūtohu i tēnei pūkete!
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