Barron, Kai - 2020 - 2nd revision March 2020
Bayes' statistical rule remains the status quo for modeling belief updating in both normative and descriptive models of …, presenting evidence that people overweight 'good news' relative to 'bad news' when updating ego-relevant beliefs. In this paper … asymmetric updating in this domain. In contrast, in our experiment, belief updating is close to the Bayesian benchmark on average …