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What You See Is All There Is
Enke, Benjamin - 2020
computational complexity of the decision problem. These results point to the context-dependence of what comes to mind and the …
Persistent link: https://www.econbiz.de/10012207896
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Cognitive Uncertainty in Intertemporal Choice
Enke, Benjamin; Graeber, Thomas W. - 2021
This paper studies the relevance of cognitive uncertainty – subjective uncertainty over one’s utility-maximizing action – for understanding and predicting intertemporal choice. The main idea is that when people are cognitively noisy, such as when a decision is complex, they implicitly...
Persistent link: https://www.econbiz.de/10012799772
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Complexity and Time
Enke, Benjamin; Graeber, Thomas; Oprea, Ryan - 2023
, structural estimates of present bias, hyperbolicity and transitivity violations – are driven by complexity rather than time or … intertemporal decisions. Second, intertemporal choice anomalies are highly correlated with indices of complexity responses including … to complexity severely inflates structural estimates of present bias. …
Persistent link: https://www.econbiz.de/10014290237
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Quantifying Lottery Choice Complexity
Enke, Benjamin; Shubatt, Cassidy - 2023
We develop interpretable, quantitative indices of the objective and subjective complexity of lottery choice problems … important complexity feature in the indices is a measure of the excess dissimilarity of the cumulative distribution functions of … the lotteries in the set. Using our complexity indices, we study behavioral responses to complexity out-of-sample across …
Persistent link: https://www.econbiz.de/10014377618
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Cognitive uncertainty in intertemporal choice
Enke, Benjamin; Graeber, Thomas Wilhelm - 2021
This paper studies the relevance of cognitive uncertainty - subjective uncertainty over one’s utility-maximizing action - for understanding and predicting intertemporal choice. The main idea is that when people are cognitively noisy, such as when a decision is complex, they implicitly treat...
Persistent link: https://www.econbiz.de/10012697938
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Correlation neglect in belief formation
Enke, Benjamin; Zimmermann, Florian - In: The review of economic studies : RES 86 (2019) 1, pp. 313-332
Persistent link: https://www.econbiz.de/10012109364
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What you see is all there is
Enke, Benjamin - 2020
computational complexity of the decision problem. These results point to the context-dependence of what comes to mind and the …
Persistent link: https://www.econbiz.de/10012171711
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Complexity and time
Enke, Benjamin; Graeber, Thomas Wilhelm; Oprea, Ryan - 2023
, structural estimates of present bias, hyperbolicity and transitivity violations - are driven by complexity rather than time or … intertemporal decisions. Second, intertemporal choice anomalies are highly correlated with indices of complexity responses including … to complexity severely inflates structural estimates of present bias. …
Persistent link: https://www.econbiz.de/10014247072
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Quantifying lottery choice complexity
Enke, Benjamin; Shubatt, Cassidy - 2023
We develop interpretable, quantitative indices of the objective and subjective complexity of lottery choice problems … important complexity feature in the indices is a measure of the excess dissimilarity of the cumulative distribution functions of … the lotteries in the set. Using our complexity indices, we study behavioral responses to complexity out-of-sample across …
Persistent link: https://www.econbiz.de/10014340230