Factors influencing the ratio bias

The ratio bias refers to the tendency of individuals to judge probabilities expressed as ratios of large numbers as more likely than equivalent or even higher probabilities expressed as a ratio of small numbers. For example, the ratio bias effect occurs when a lottery offering a 9/100 chance of winn...

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Veröffentlicht in:EURO journal on decision processes 2018-11, Vol.6 (3-4), p.321-342
Hauptverfasser: Bourdin, David, Vetschera, Rudolf
Format: Artikel
Sprache:eng
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