Under conditions of higher or lower uncertainty, college students recalled three or eight ways to improve exam performance and then estimated their likelihood of getting As on their easiest and hardest ยฎnals. Results supported the hypothesis that the availability heuristic is used only under conditi
Heuristics and normative models of judgment under uncertainty
โ Scribed by Pei Wang
- Publisher
- Elsevier Science
- Year
- 1996
- Tongue
- English
- Weight
- 764 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0888-613X
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
This paper studies two models of rational behavior under uncertainty whose predictions are invariant under ordinal transformations of utility. The 'quantile utility' model assumes that the agent maximizes some quantile of the distribution of utility. The 'utility mass' model assumes maximization of
This paper re-examines the commonly observed inverse relationship between perceived risk and perceived beneยฎt. We propose that this relationship occurs because people rely on aect when judging the risk and beneยฎt of speciยฎc hazards. Evidence supporting this proposal is obtained in two experimental s