Search Results - subject:"conjunction fallacy"

The conjunction fallacy in quantum decision theory

Kovalenko, Tatyana; Sornette, Didier - 2018

The conjunction fallacy i ... …

Persistent link: https://www.econbiz.de/10011877333

Do Reputation Concerns Make Behavioral Biases Disappear? The Conjunction Fallacy on Facebook and Mechanical Turk

Devetag, Giovanna; Ceccacci, Francesca; Salvo, Paola De - Dipartimento di Economia e Management, Università … - 2013

likely to succumb to the conjunction fallacy when they post their answers publicly and are exposed to the answers of others …

Persistent link: https://www.econbiz.de/10010652497

On the conjunction fallacy in probability judgment: New experimental evidence regarding Linda

Charness, Gary; Karni, Edi; Levin, Dan - 2009

succumb to the conjunction fallacy. Using an experimental design of Kahneman and Tversky (1983), it finds that given mild …

Persistent link: https://www.econbiz.de/10010277545

Frequency formats, probability formats, or problem structure? A test of the nested-sets hypothesis in an extensional reasoning task

Neace, William P.; Michaud, Steven; Bolling, Lauren; … - In: Judgment and Decision Making 3 (2008) February, pp. 140-152

Five experiments addressed a controversy in the probability judgment literature that centers on the efficacy of framing probabilities as frequencies. The natural frequency view predicts that frequency formats attenuate errors, while the nested-sets view predicts that highlighting the set-subset...

Persistent link: https://www.econbiz.de/10005000610

On the Conjunction Fallacy in Probability Judgment: New Experimental Evidence

Charness, Gary B; Levin, Dan; Karni, Edi - Department of Economics, University of California-Santa … - 2008

succumb to the conjunction fallacy. Using an experimental design of Kahneman and Tversky (1983), it finds that given mild …

Persistent link: https://www.econbiz.de/10010538393

Probability Compounding in Words and in Practice

Zizzo, Daniel John - Department of Economics, Oxford University - 2002

The conjunction fallacy occurs whenever probability compounds are thought of as more likely than its component …. Depending on the condition, they were given more or less information about the nature of probability compounds. The conjunction … fallacy was surprisingly robust. There was, however, a puzzling dissociation between probability compounding in words and in …

Persistent link: https://www.econbiz.de/10010605216

Choices Between Simple and Compound Lotteries: Experimental Evidence and Neural Network Modelling

Zizzo, Daniel John - Department of Economics, Oxford University - 2001

An experiment on choices between single and compound lotteries is presented, and results are calibrated with neural network models. Many subjects tend to average out probabilities, though behaviour becomes more rational with more exposure to compound lotteries in the practice stage. The Prior...

Persistent link: https://www.econbiz.de/10010605249

Choices between simple and compound lotteries : experimental evidence and neural network modelling

Zizzo, Daniel John - 2001

Persistent link: https://www.econbiz.de/10001560310

Mathematical Basis of Quantum Decision Theory

Yukalov, Vyacheslav I.; Sornette, Didier

Following the ideas of Bohr, Von Neumann, and Benioff, we formulate quantum decision theory (QDT) as the quantum-mechanical theory of measurement for probability operators. QDT captures the effect of superposition of composite prospects, including many incorporated intentions. It is based on the...

Persistent link: https://www.econbiz.de/10005162985