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Year of publication
Subject
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underweighting of rare events 2 Decision 1 Decision Making 1 Entscheidung 1 Experiment 1 Heuristics 1 Heuristik 1 Probability Estimation 1 Prospect Theory 1 Reinforcement Learning 1 Theorie 1 Theory 1 Underweighting of Rare Events 1 advice taking 1 decisions from experience 1 experience-based decisions 1 heuristics 1 operant conditioning 1 overweighting 1 primacy 1 rare event 1 reinforcement learning 1 risk aversion 1 take-the-best 1 underweighting 1
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Online availability
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Free 4
Type of publication
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Book / Working Paper 3 Article 1
Type of publication (narrower categories)
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Article in journal 1 Aufsatz in Zeitschrift 1
Language
All
English 2 Undetermined 2
Author
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Loewenstein, Yonatan 2 Shteingart, Hanan 2 Barron, Greg 1 Bonder, Taly 1 Erev, Ido 1 Ludvig, Elliot A. 1 Neiman, Tal 1 Roth, Yefim 1 Ursino, Giovanni 1
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Institution
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Center for the Study of Rationality, Hebrew University of Jerusalem 2 Dipartimenti e Istituti di Scienze Economiche, Università Cattolica del Sacro Cuore 1
Published in...
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Discussion Paper Series / Center for the Study of Rationality, Hebrew University of Jerusalem 2 DISCE - Quaderni dell'Istituto di Economia dell'Impresa e del Lavoro 1 Journal of behavioral decision making 1
Source
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RePEc 3 ECONIS (ZBW) 1
Showing 1 - 4 of 4
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The common origin of both oversimplified and overly complex decision rules
Bonder, Taly; Erev, Ido; Ludvig, Elliot A.; Roth, Yefim - In: Journal of behavioral decision making 36 (2023) 4, pp. 1-15
Persistent link: https://www.econbiz.de/10014337220
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The Effect of Sample Size and Cognitive Strategy on Probability Estimation Bias
Shteingart, Hanan; Loewenstein, Yonatan - Center for the Study of Rationality, Hebrew University … - 2015
underweighting of rare events. …
Persistent link: https://www.econbiz.de/10011253021
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The Role of First Impression in Operant Learning
Shteingart, Hanan; Neiman, Tal; Loewenstein, Yonatan - Center for the Study of Rationality, Hebrew University … - 2012
. We found that this outcome primacy can account for much of the underweighting of rare events, where participants …
Persistent link: https://www.econbiz.de/10010617809
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Underweighting Rare Events in Experience Based Decisions: Beyond Sample Error
Barron, Greg; Ursino, Giovanni - Dipartimenti e Istituti di Scienze Economiche, … - 2009
, especially if their samples are small. The current paper examines the necessity of sample error in the underweighting of rare … repeated decision making paradigm that controls for sample biases and the "hot stove" effect. Moreover, while underweighting …
Persistent link: https://www.econbiz.de/10008458280
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