Learning, risk attitude and hot stoves in restless bandit problems

DOI10.1016/j.jmp.2008.05.006zbMath1176.91134OpenAlexW1985921660MaRDI QIDQ1042312

Ido Erev, Guido Biele, Eyal Ert

Publication date: 7 December 2009

Published in: Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmp.2008.05.006

zbMATH Keywords

dynamic decision makingcase-based reasoningprobability matchingthe recency/hot stove paradoxunderweighting of rare events

Mathematics Subject Classification ID

Memory and learning in psychology (91E40)

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