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information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …
Persistent link: https://www.econbiz.de/10014311967
processes we do not find that those subjects showing ambiguity aversion in an urn experiment based on Halevy (2007 …
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In an experiment that elicits subjects’ willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold …
Persistent link: https://www.econbiz.de/10014077011
observe in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012911706
heuristic, the disjunction effect, gambling behavior and speculation, perceived irrelevance of history, magical thinking, quasi …
Persistent link: https://www.econbiz.de/10014024220
processes we do not find that those subjects showing ambiguity aversion in an urn experiment based on Halevy (2007 …
Persistent link: https://www.econbiz.de/10013073252
We develop interpretable, quantitative indices of the objective and subjective complexity of lottery choice problems that can be computed for any standard dataset. These indices capture the predicted error rate in identifying the lottery with the highest expected value, where the predictions are...
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