URL details: ergodicityeconomics.com/2020/03/06/probability-weighting-and-ergodicity-economics/
URL title:
Probability weighting and Ergodicity Economics – Ergodicity Economics
URL description:
One key observation that helped launch the field of behavioral economics into stardom is called probability weighting: a human cognitive bias to assign higher probabilities to extreme events than ... well, than what? Than what someone else thinks the probabilities should be. Below, I will present a very simple mechanistic explanation, most of all for…
URL last crawled:
2022-06-12
URL speed:
0.362 MB/s,
downloaded in 0.400 seconds
We found no external links pointing to this url.