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Noisy Preferences in Risky Choice: A Cautionary Note

We examine the effects of multiple sources of noise in risky decision making. Noise in the parameters that characterize an individual’s preferences can combine with noise in the response process to distort observed choice proportions. Thus, underlying preferences that conform to expected value maxim...

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Detalles Bibliográficos
Autores principales: Bhatia, Sudeep, Loomes, Graham
Formato: Online Artículo Texto
Lenguaje:English
Publicado: American Psychological Association 2017
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5619393/
https://www.ncbi.nlm.nih.gov/pubmed/28569526
http://dx.doi.org/10.1037/rev0000073