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Errors in probability updating behaviour : Measurement and impact analysis

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  • Ouwersloot, Hans
  • Nijkamp, Peter
  • Rietveld, Piet

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Psychology.

Volume (Year): 19 (1998)
Issue (Month): 5 (October)
Pages: 535-563

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Handle: RePEc:eee:joepsy:v:19:y:1998:i:5:p:535-563

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Web page: http://www.elsevier.com/locate/joep

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References

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  1. Plott, Charles R., 1989. "An updated review of industrial organization: Applications of experimental methods," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 19, pages 1109-1176 Elsevier.
  2. Grether, David M., 1990. "Testing Bayes Rule and the Representativeness Heuristic: Some Experimental Evidence," Working Papers 724, California Institute of Technology, Division of the Humanities and Social Sciences.
  3. Bigun, Elizabeth Saers, 1995. "Risk analysis of catastrophes using experts' judgements: An empirical study on risk analysis of major civil aircraft accidents in Europe," European Journal of Operational Research, Elsevier, vol. 87(3), pages 599-612, December.
  4. Enis, Charles R., 1995. "Expert-novive judgments and new cue sets: Process versus outcome," Journal of Economic Psychology, Elsevier, vol. 16(4), pages 641-662, December.
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Cited by:
  1. Charness, Gary B & Karni, Edi, 2007. "Individual and Group Decision Making Under Risk: An Experimental Study of Bayesian Updating and Violations of First-order Stochastic Dominance," University of California at Santa Barbara, Economics Working Paper Series qt4gr7j8z8, Department of Economics, UC Santa Barbara.
  2. François Poinas & Julie Rosaz & Béatrice Roussillon, 2010. "Updating beliefs with imperfect signals: experimental evidence," Post-Print halshs-00550350, HAL.
  3. Gary Charness & Dan Levin, 2003. "Bayesian Updating vs. Reinforcement and Affect: A Laboratory Study," Levine's Bibliography 666156000000000180, UCLA Department of Economics.
  4. Gary Charness & Dan Levin, 2005. "When Optimal Choices Feel Wrong: A Laboratory Study of Bayesian Updating, Complexity, and Affect," American Economic Review, American Economic Association, vol. 95(4), pages 1300-1309, September.

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