Extreme outcomes accentuate overweighting of low probabilities and underweighting of high probabilities in experience-based choice
Thomas W. Elston, Hartmut Leuthold, Ian G. Mackenzie, Victor Mittelstädt
| Year of publication: |
2024
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|---|---|
| Authors: | Elston, Thomas W. ; Leuthold, Hartmut ; Mackenzie, Ian G. ; Mittelstädt, Victor |
| Published in: |
Journal of behavioral decision making. - New York, NY [u.a.] : Wiley, ISSN 1099-0771, ZDB-ID 1477211-5. - Vol. 37.2024, 2, Art.-No. e2380, p. 1-13
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| Subject: | decision-making | prospect theory | reinforcement learning | subjective value | uncertainty | Prospect Theory | Prospect theory | Entscheidung | Decision | Entscheidung unter Unsicherheit | Decision under uncertainty | Wahrscheinlichkeitsrechnung | Probability theory | Entscheidung unter Risiko | Decision under risk | Risiko | Risk | Experiment | Lernprozess | Learning process | Entscheidungstheorie | Decision theory |
freely available