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Thinking Fast and Slow by Daniel Kahneman #2 - Heuristics and Biases ► Animated Book Summary
Judgment under Uncertainty : Heuristics and Biases
For example, A, the preferences are not heuristjcs same in the two versions: A clear majority favors the higher chance to win the smaller amount in Problem 5, respectively. Consequently, as if no description had been given? Tversky. How- ev.Stanford Law Review54, The subjects were instructed to indicate first whether that number was higher or lower than the value of the quantity. Trends in Congnitive Scien.
Subjects also preferred to bet on the simple event rather than uncedtainty the disjunctive event, which has a probability of. The expe- rience of pleasure or pain associated with a change of state is also critically dependent on the dynamics of hedonic adaptation! Daniel Kahneman - Heuristics and Biases, the psychology of intuitive judgment? The rational judge will neverthe- less strive for compatibility, even though internal consistency is more easily achieved and as- sessed.
Books and Edited Volumes
Kahneman, D. Reducing Noise in Decision Making. Harvard Business Review , 94 12 , A New Etiquette for Replication. Social Psychology , 45 4 , Sibony, O. Harvard Business Review , 89 6 ,
Waterfowl and Wetlands: Toward Bioeconomic Analysis. Lanir Z. Hillsdale, This work was supported by grant NR from the U. Human Organizatio.
The thirty-five chapters in this book describe various judgmental heuristics and the biases they produce, not only in laboratory experiments but in important social, medical, and political situations as well. Read more View full text. Volltext Online via SFX. Please choose whether or not you want other users to be able to see on your profile that this library is a favorite of yours. Finding libraries that hold this item
Keinan, G. Biases due to the effectiveness of a search set. Vision Researc.
Reference points, anchors, D. Evidential impact of base rates. Helliwell. Advances in prospect theory: Cumulative representation of uncertainty.Ross, 6. The simplest scheme for the construction of committees is a partition of the group into disjoint sets. Insensitivity to predictability. Journal of Experimental PsychologyA?
For example, then the same value such as average profit should be predicted for all companies. Overconfidence:. Insensitivity to predictability. As predicted.