Risk Perception: Measurement and Aggregation

In a model inspired by neuroscience, we study choice between lotteries as a process of encoding and decoding noisy perceptual signals. The implications of this process for behavior depend on the decision-maker’s understanding of risk. When the aggregation of perceptual signals is coarse, encoding an...

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Veröffentlicht in:	Journal of the European Economic Association 2024-11
Hauptverfasser:	Netzer, Nick, Robson, Arthur, Steiner, Jakub, Kocourek, Pavel
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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