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To maximize or randomize? An experimental study of probability matching in financial decision making

Probability matching, also known as the “matching law” or Herrnstein’s Law, has long puzzled economists and psychologists because of its apparent inconsistency with basic self-interest. We conduct an experiment with real monetary payoffs in which each participant plays a computer game to guess the o...

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Detalles Bibliográficos
Autores principales: Lo, Andrew W., Marlowe, Katherine P., Zhang, Ruixun
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8389367/
https://www.ncbi.nlm.nih.gov/pubmed/34437550
http://dx.doi.org/10.1371/journal.pone.0252540