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Judgment and decision making

Judgment and decision making. Wednesday, 2 December 2009. Make Me A Genius. Monday, 23 November 2009. Week 6 - The Endowment Effect. The endowment effect suggests that people may overprice their items that they are trying to sell. This contradicts the economic theory, which suggests that the value of an object is independant of initial ownership (Kahneman et al.,. Friday, 20 November 2009. Week 5- Framing Effects. 1981) One study into framing effects was conducted by Tversky. That no people will be saved...

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Judgment and decision making | ginapalermo0.blogspot.com Reviews

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Judgment and decision making. Wednesday, 2 December 2009. Make Me A Genius. Monday, 23 November 2009. Week 6 - The Endowment Effect. The endowment effect suggests that people may overprice their items that they are trying to sell. This contradicts the economic theory, which suggests that the value of an object is independant of initial ownership (Kahneman et al.,. Friday, 20 November 2009. Week 5- Framing Effects. 1981) One study into framing effects was conducted by Tversky. That no people will be saved...

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1 using our instincts

2 my brilliant brain

3 posted by

4 gina

5 3 comments

6 kahneman et al

7 no comments

8 kahneman

9 and kahneman

10 the same

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using our instincts,my brilliant brain,posted by,gina,3 comments,kahneman et al,no comments,kahneman,and kahneman,the same,measuring utility,1 comment,by brandstatter,and gigerenzer,dr hardman,2 comments,by gigerenzer,and goldstein,a hamberg,followers

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Judgment and decision making | ginapalermo0.blogspot.com Reviews

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Judgment and decision making. Wednesday, 2 December 2009. Make Me A Genius. Monday, 23 November 2009. Week 6 - The Endowment Effect. The endowment effect suggests that people may overprice their items that they are trying to sell. This contradicts the economic theory, which suggests that the value of an object is independant of initial ownership (Kahneman et al.,. Friday, 20 November 2009. Week 5- Framing Effects. 1981) One study into framing effects was conducted by Tversky. That no people will be saved...

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Judgment and decision making: Measuring Utility

http://ginapalermo0.blogspot.com/2009/11/measuring-utility.html

Judgment and decision making. Wednesday, 4 November 2009. We were asked to measure our utility function for a certain range of monetary values, using two different methods: The Certainty Equivalence Method and the Probability Equivalence Method. The graph above is my utility function using the Certainty Equivalence Method and below is my utility function using the Probability Equivalence Method. 5 November 2009 at 04:19. Subscribe to: Post Comments (Atom). Week 6 - The Endowment Effect.

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Judgment and decision making: December 2009

http://ginapalermo0.blogspot.com/2009_12_01_archive.html

Judgment and decision making. Wednesday, 2 December 2009. Make Me A Genius. Subscribe to: Posts (Atom). View my complete profile.

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Judgment and decision making: Week 6 - The Endowment Effect

http://ginapalermo0.blogspot.com/2009/11/week-6-endowment-effect.html

Judgment and decision making. Monday, 23 November 2009. Week 6 - The Endowment Effect. The endowment effect suggests that people may overprice their items that they are trying to sell. This contradicts the economic theory, which suggests that the value of an object is independant of initial ownership (Kahneman et al.,. 1990) The loss aversion proposed by the Prospect Theory's value function suggests that people should find it difficult to part with things that they own. Subscribe to: Post Comments (Atom).

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Judgment and decision making: Using our Instincts

http://ginapalermo0.blogspot.com/2009/12/using-our-instincts.html

Judgment and decision making. Wednesday, 2 December 2009. Make Me A Genius. 13 December 2009 at 13:12. Hi - good comment. In fact, what you have highlighted here is relevant to decision making. Some research into naturalistic decision making indicates that experts do not need to consider options if they are able to match a situation to previous experience, but may generate options if they cant find such a match. I talk about this in my textbook! 14 December 2009 at 03:37. Which chapter is it in?

5

Judgment and decision making: Week 5- Framing Effects

http://ginapalermo0.blogspot.com/2009/11/framing-effects-occur-when-different.html

Judgment and decision making. Friday, 20 November 2009. Week 5- Framing Effects. Framing effects occur when different descriptions of the same decision problem give rise to predictably different preferences ( Tversky. 1981) One study into framing effects was conducted by Tversky. A when it was presented in the positive frame, and overwhelmingly choose Program B when it was presented in the negative frame. This is in line with the Prospect Theory, as decision makers tend to be risk aversive when choosing ...

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Look in the toilet, Watson!: Wait, I have one more request!

http://lookinthetoiletwatson.blogspot.com/2009/12/wait-i-have-one-more-request.html

Look in the toilet, Watson! Monday, 7 December 2009. Wait, I have one more request! Please bring my group for J&DM back to life! From the 4 original members, 2 of them have gone AWOL, and unless the other two surviving members (HI SUZANNE, and myself) do some DOUBLE EXTRA WORK, we are FUBAR pretty much yes. I love how FUBAR is accepted, but some people would be disappointed if I said "fucked up beyond all repair". Woops! Posted by Oscar Riba. Subscribe to: Post Comments (Atom). Im the one who eats Popcor...

lookinthetoiletwatson.blogspot.com

Look in the toilet, Watson!: 01-Nov-2009

http://lookinthetoiletwatson.blogspot.com/2009_11_01_archive.html

Look in the toilet, Watson! Monday, 2 November 2009. How useful it is to measure utility! After having spent at least 40 attempts to recreate the graphs from David Hardman's post. I finally made it! As you can read, the first one is for Certainty equivalence, and the second one for Probability equivalence. Reading the graphs themselves, you can see that I'm not really a gambler, prefering more than 50% of what I can win before I settle down for the cash prize (I'd rather take £600 than being able to...

lookinthetoiletwatson.blogspot.com

Look in the toilet, Watson!: 06-Dec-2009

http://lookinthetoiletwatson.blogspot.com/2009_12_06_archive.html

Look in the toilet, Watson! Monday, 7 December 2009. Wait, I have one more request! Please bring my group for J&DM back to life! From the 4 original members, 2 of them have gone AWOL, and unless the other two surviving members (HI SUZANNE, and myself) do some DOUBLE EXTRA WORK, we are FUBAR pretty much yes. I love how FUBAR is accepted, but some people would be disappointed if I said "fucked up beyond all repair". Woops! Posted by Oscar Riba. Dear Christmas guy that gives presents:. All of the above.

lookinthetoiletwatson.blogspot.com

Look in the toilet, Watson!: Dear Christmas guy that gives presents:

http://lookinthetoiletwatson.blogspot.com/2009/12/dear-christmas-guy-that-gives-presents.html

Look in the toilet, Watson! Monday, 7 December 2009. Dear Christmas guy that gives presents:. Please bring me this ONE thing, I beg of you. Forbid the use of facebook ANYWHERE at university, specifically on those hooked up computers in the library being used by one of the following:. Groups of people checking facebook accounts. Individuals checking facebook accounts. Groups checking with one individual his/her facebook account. People using facebook in any form. All of the above. Posted by Oscar Riba.

lookinthetoiletwatson.blogspot.com

Look in the toilet, Watson!: Week 6 (13th November post): Endowment Effect

http://lookinthetoiletwatson.blogspot.com/2009/12/week-6-13th-november-post-endowment.html

Look in the toilet, Watson! Friday, 4 December 2009. Week 6 (13th November post): Endowment Effect. Having read the article named Aspects of Endowment, by Johnson, Häubel and Keinan (full reference: Johnson, E.J., Häubel, G., and Keinan, A. (2007). Aspects of endowment: A query theory of value construction. Journal of Experimental Psychology: Learning, Memory, and Cognition, 33 (3), 461-474. Click to download pdf]), some things become clear: People attach more value to whatever belongs to them,. Judgment...

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Judgment and decision making

Judgment and decision making. Wednesday, 2 December 2009. Make Me A Genius. Monday, 23 November 2009. Week 6 - The Endowment Effect. The endowment effect suggests that people may overprice their items that they are trying to sell. This contradicts the economic theory, which suggests that the value of an object is independant of initial ownership (Kahneman et al.,. Friday, 20 November 2009. Week 5- Framing Effects. 1981) One study into framing effects was conducted by Tversky. That no people will be saved...

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