Chiodo, Abbigail J.; Guidolin, Massimo; Owyang, Michael T. - 2003 - [Elektronische Ressource], rev
,
Representativeness, Psychology
Abstract: Real-life decision makers are often forced to estimate the likelihood of
uncertain future events … these rationality postulates. We review three rules of thumb taken from
the psychology literature that people have been …). Such cases have
encouraged a branch of economics that borrows ideas from psychology.
2
In this area, researchers replace …