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Economic irrationality is optimal during noisy decision making

According to normative theories, reward-maximizing agents should have consistent preferences. Thus, when faced with alternatives A, B, and C, an individual preferring A to B and B to C should prefer A to C. However, it has been widely argued that humans can incur losses by violating this axiom of tr...

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Bibliografiske detaljer
Udgivet i:Proc Natl Acad Sci U S A
Main Authors: Tsetsos, Konstantinos, Moran, Rani, Moreland, James, Chater, Nick, Usher, Marius, Summerfield, Christopher
Format: Artigo
Sprog:Inglês
Udgivet: National Academy of Sciences 2016
Fag:
Online adgang:https://ncbi.nlm.nih.gov/pmc/articles/PMC4801289/
https://ncbi.nlm.nih.gov/pubmed/26929353
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.1519157113
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