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How do people take into account weight, strength and quality of segregated vs. aggregated data? Experimental evidence

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Publication:702429
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DOI10.1023/B:RISK.0000038940.62992.1BzbMath1091.91523MaRDI QIDQ702429

Martin Weber, Carlo Kraemer

Publication date: 17 January 2005

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)


zbMATH Keywords

heuristicsBayes' ruleWeight and strength of information


Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Statistical methods; economic indices and measures (91B82)


Related Items (4)

Processing consistency in non-Bayesian inference ⋮ Understanding probabilistic expectations -- a behavioral approach ⋮ Belief updating and the demand for information ⋮ Dynamic decision making under ambiguity: an experimental investigation







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