Probability biases as Bayesian inference
In this article, I will show how several observed biases in human probabilistic reasoning can be partially explained as good heuristics for making inferences in an environment where probabilities have uncertainties associated to them. Previous results show that the weight functions and the observed...
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| Format: | Article |
| Language: | English |
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Society for Judgment and Decision Making
2006-11-01
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| Series: | Judgment and Decision Making |
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| Online Access: | http://journal.sjdm.org/jdm06124.pdf |