BASE RATE NEGLECT FOR THE WEALTH OF INTERACTING PEOPLE

DOI10.1142/S0219525910002761zbMath1201.91044MaRDI QIDQ3063615

Diemo Urbig

Publication date: 15 December 2010

Published in: Advances in Complex Systems (Search for Journal in Brave)

zbMATH Keywords

social learninginformation cascadesecological rationalitybase rate neglectcognitive biases

Mathematics Subject Classification ID

Group preferences (91B10) Rationality and learning in game theory (91A26) Welfare economics (91B15)

Cites Work

• Psychology implies paternalism? Bounded rationality may reduce the rationale to regulate risk-taking

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