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Surprised by the gambler's and hot hand fallacies? : a truth in the law of small numbers
Miller, Joshua B.; Sanjurjo, Adam - 2016 - This version: November 15, 2016
Persistent link: https://www.econbiz.de/10011809321
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Errors in Probabilistic Reasoning and Judgment Biases
Benjamin, Daniel J. - 2018
modern behavioral economics. This chapter reviews theory and evidence on this topic, with the goal of facilitating more … processes, biases in belief updating, the representativeness heuristic as a possible unifying theory, and interactions between … for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …
Persistent link: https://www.econbiz.de/10012907277
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Errors in Probabilistic Reasoning and Judgment Biases
Benjamin, Daniel J. - 2018
modern behavioral economics. This chapter reviews theory and evidence on this topic, with the goal of facilitating more … processes, biases in belief updating, the representativeness heuristic as a possible unifying theory, and interactions between … for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …
Persistent link: https://www.econbiz.de/10012908820
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Errors in Probabilistic Reasoning and Judgment Biases
Benjamin, Daniel J. - 2018
modern behavioral economics. This chapter reviews theory and evidence on this topic, with the goal of facilitating more … processes, biases in belief updating, the representativeness heuristic as a possible unifying theory, and interactions between … for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …
Persistent link: https://www.econbiz.de/10012909297
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Errors in probabilistic reasoning and judgment biases
Benjamin, Daniel J. - 2018
Persistent link: https://www.econbiz.de/10011948703
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Errors in Probabilistic Reasoning and Judgment Biases
Benjamin, Daniel J. - 2018
modern behavioral economics. This chapter reviews theory and evidence on this topic, with the goal of facilitating more … processes, biases in belief updating, the representativeness heuristic as a possible unifying theory, and interactions between … for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …
Persistent link: https://www.econbiz.de/10012480852
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An axiomatic approach to the law of small numbers
Noor, Jawwad; Payró, Fernando - 2022
Persistent link: https://www.econbiz.de/10014310089
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Laplace's Theories of Cognitive Illusions, Heuristics, and Biases
Miller, Joshua B. - 2018
In his book from the early 1800s, Essai Philosophique sur les Probabilités, the mathematician Pierre-Simon de Laplace anticipated many ideas developed in the 1970s in cognitive psychology and behavioral economics, explaining human tendencies to deviate from norms of rationality in the presence...
Persistent link: https://www.econbiz.de/10012923726
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Biases and heuristics in portfolio management : determinants for non-optimal portfolio diversification
Filiz, Ibrahim - 2019
particular has identified some heuristics and cognitive distortions (such as the 1/N heuristic, home bias, mental accounting or … (wie zum Beispiel die 1/n-Heuristik, die Heimat-Verzerrung, die mentale Buchführung oder die Ex... …
Persistent link: https://www.econbiz.de/10012128097
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Deliberation enhances the confirmation bias : an examination of politics and religion
Dickinson, David L. - 2020
Existing research has documented the confirmation bias in the domain of politics, but relatively little research has … examined the confirmation bias in religion. I developed a novel task in the religious domain and compare confirmation bias … "gun control" and the "existence of God". Results documented a confirmation bias in both information exposure and perceived …
Persistent link: https://www.econbiz.de/10012213878