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A meta-analytic review of two modes of learning and the description-experience gap.
People can learn about the probabilistic consequences of their actions in two ways: One is
by consulting descriptions of an action's consequences and probabilities (eg, reading up on …
by consulting descriptions of an action's consequences and probabilities (eg, reading up on …
[HTML][HTML] Risk interpretation and action: A conceptual framework for responses to natural hazards
Understanding how people interpret risks and choose actions based on their interpretations
is vital to any strategy for disaster reduction. We review relevant literature with the aim of …
is vital to any strategy for disaster reduction. We review relevant literature with the aim of …
Using cognitive psychology to understand GPT-3
We study GPT-3, a recent large language model, using tools from cognitive psychology.
More specifically, we assess GPT-3's decision-making, information search, deliberation, and …
More specifically, we assess GPT-3's decision-making, information search, deliberation, and …
Presidential address: Corporate finance and reality
JR Graham - The Journal of Finance, 2022 - Wiley Online Library
This paper uses surveys to document CFO perspectives on corporate planning, investment,
capital structure, payout, and shareholder versus stakeholder focus. Comparing policy …
capital structure, payout, and shareholder versus stakeholder focus. Comparing policy …
Aspect-based sentiment analysis via affective knowledge enhanced graph convolutional networks
Aspect-based sentiment analysis is a fine-grained sentiment analysis task, which needs to
detection the sentiment polarity towards a given aspect. Recently, graph neural models over …
detection the sentiment polarity towards a given aspect. Recently, graph neural models over …
Decisions under risk are decisions under complexity
R Oprea - American Economic Review, 2024 - aeaweb.org
We provide evidence that classic lottery anomalies like probability weighting and loss
aversion are not special phenomena of risk. They also arise (and often with equal strength) …
aversion are not special phenomena of risk. They also arise (and often with equal strength) …
Turning large language models into cognitive models
Large language models are powerful systems that excel at many tasks, ranging from
translation to mathematical reasoning. Yet, at the same time, these models often show …
translation to mathematical reasoning. Yet, at the same time, these models often show …
Risk preference shares the psychometric structure of major psychological traits
To what extent is there a general factor of risk preference, R, akin to g, the general factor of
intelligence? Can risk preference be regarded as a stable psychological trait? These …
intelligence? Can risk preference be regarded as a stable psychological trait? These …
FBBVA Lecture 2020 Exposure, Experience, and Expertise: Why Personal Histories Matter in Economics
U Malmendier - Journal of the European Economic Association, 2021 - academic.oup.com
Personal experiences of economic outcomes, from global financial crises to individual-level
job losses, can shape individual beliefs, risk attitudes, and choices for years to come. A …
job losses, can shape individual beliefs, risk attitudes, and choices for years to come. A …
Experiencing nature: Embodying animals in immersive virtual environments increases inclusion of nature in self and involvement with nature
Immersive virtual environments (IVEs) produce simulations that mimic unmediated sensory
experiences. 3 experiments (N= 228) tested how different modalities increase environmental …
experiences. 3 experiments (N= 228) tested how different modalities increase environmental …