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Fitness-maximizers employ pessimistic probability weighting for decisions under risk
The standard theory of rationality posits that agents order preferences according to average utilities associated with different choices. Expected utility theory has repeatedly failed as a predictive theory, as reflected in a growing literature in behavioural economics. Evolutionary theorists have s...
Autores principales: | Price, Michael Holton, Jones, James Holland |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Cambridge University Press
2020
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10427448/ https://www.ncbi.nlm.nih.gov/pubmed/37588378 http://dx.doi.org/10.1017/ehs.2020.28 |
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