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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
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
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
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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This paper considers the scenario of independent risks which have times to occurrence described by Exponential distributions. The problem involves masking, that is, the time of occurrence of the earlier risk (first order statistic) is observed but not the specific risk. Nonidentifiability is a...
Persistent link: https://www.econbiz.de/10012929686