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 …
How experimental methods shaped views on human competence and rationality.
Within just 7 years, behavioral decision research in psychology underwent a dramatic
change: In 1967, Peterson and Beach (1967) reviewed more than 160 experiments …
change: In 1967, Peterson and Beach (1967) reviewed more than 160 experiments …
Three gaps and what they may mean for risk preference
Risk preference is one of the most important building blocks of choice theories in the
behavioural sciences. In economics, it is often conceptualized as preferences concerning …
behavioural sciences. In economics, it is often conceptualized as preferences concerning …
[BOOK][B] Taming uncertainty
An examination of the cognitive tools that the mind uses to grapple with uncertainty in the
real world. How do humans navigate uncertainty, continuously making near-effortless …
real world. How do humans navigate uncertainty, continuously making near-effortless …
A description–experience framework of the psychology of risk
The modern world holds countless risks for humanity, both large-scale and intimately
personal—from cyberwarfare, pandemics, and climate change to sexually transmitted …
personal—from cyberwarfare, pandemics, and climate change to sexually transmitted …
Nudge versus boost: Agency dynamics under libertarian paternalism
R Hertwig, MD Ryall - The Economic Journal, 2020 - academic.oup.com
Thaler and Sunstein advance the concept of 'nudge'policies—non-regulatory and non-fiscal
mechanisms designed to enlist people's cognitive biases or motivational deficits so as to …
mechanisms designed to enlist people's cognitive biases or motivational deficits so as to …
On the round number bias and wisdom of crowds in different response formats for numerical estimation
H Honda, R Kagawa, M Shirasuna - Scientific Reports, 2022 - nature.com
When asked for numerical estimations, people can respond by stating their estimates (eg,
writing down a number) or indicating a number on a scale. Although these methods are …
writing down a number) or indicating a number on a scale. Although these methods are …
[HTML][HTML] A description–experience gap in statistical intuitions: Of smart babies, risk-savvy chimps, intuitive statisticians, and stupid grown-ups
Abstract Comparison of different lines of research on statistical intuitions and probabilistic
reasoning reveals several puzzling contradictions. Whereas babies seem to be intuitive …
reasoning reveals several puzzling contradictions. Whereas babies seem to be intuitive …
The description-experience gap in the effect of warning reliability on user trust and performance in a phishing-detection context
How the human user trusts and interacts with an automation system is influenced by how
well the system capabilities are conveyed to the user. When interacting with the automation …
well the system capabilities are conveyed to the user. When interacting with the automation …
Variance, skewness and multiple outcomes in described and experienced prospects: Can one descriptive model capture it all?
We determined the scope of five decision models of choices across four environmental
niches defined by whether outcome probabilities are described (risk) or experienced by …
niches defined by whether outcome probabilities are described (risk) or experienced by …