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Biased probability judgment: evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10010269033
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Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes from a Representative Sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - Institute for the Study of Labor (IZA) - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10004999933
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Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - In: Journal of Economic Behavior & Organization 72 (2009) 3, pp. 903-915
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10008460036
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The non-use of Bayes rule : representative evidence on bounded rationality
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009
Persistent link: https://www.econbiz.de/10003856320
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The non-use of Bayes rule: representative evidence on bounded rationality
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009
Persistent link: https://www.econbiz.de/10003938026
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Biased probability judgment : evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - In: Journal of economic behavior & organization : JEBO 72 (2009) 3, pp. 903-915
Persistent link: https://www.econbiz.de/10003933160
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Biased probability judgment : evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10003845575
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Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - In: Journal of economic behavior & organization : JEBO 72 (2009) 3, pp. 903-915
Persistent link: https://www.econbiz.de/10008329709
Cover Image
Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - In: Journal of economic behavior & organization : JEBO 72 (2009) 3, pp. 903-916
Persistent link: https://www.econbiz.de/10008900625