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Persistent link: https://www.econbiz.de/10014558944
Many economic decisions rely on a fast, intuitive system of numerical cognition. When trying to judge the sum of a sequence of numbers, this system produces non-random errors: on average, it underestimates. This underestimation bias is thought to be caused by a compressive scaling of numbers...
Persistent link: https://www.econbiz.de/10013307200