Noisy Preferences in Risky Choice: A Cautionary Note
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DOI: 10.1037/rev0000073
Abstract: We examine the effects of multiple sources of noise in risky decision making. Noise in the parameters that characterize an individual’s preferences can combine with noise in the response process to distort observed choice proportions.… read more here.
Keywords: noisy preferences; risky choice; choice cautionary; choice ... See more keywords