Base-Rate Neglect and Imperfect Information Acquisition
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More about this item
Keywords
Bayes' rule; base-rate neglect; decision making; information acquisition;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2005-03-06 (Experimental Economics)
- NEP-MIC-2005-03-06 (Microeconomics)
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