Articles with "numerically inferior" as a keyword



Photo by sxy_selia from unsplash

The loss‐bet paradox: Actuaries, accountants, and other numerate people rate numerically inferior gambles as superior

Sign Up to like & get
recommendations!
Published in 2019 at "Journal of Behavioral Decision Making"

DOI: 10.1002/bdm.2085

Abstract: Abstract Psychologists have convincingly demonstrated that preferences are not always stable and, instead, are often “constructed” based on information available in the judgment or decision context. In 4 studies with experts (accountants and actuaries in… read more here.

Keywords: bet; effect; paradox actuaries; bet paradox ... See more keywords