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ArticleThe Medium Prizes Paradox: Evidence From a Simulated Casino

Ernan E. Haruvy2001

Article2001

The Medium Prizes Paradox: Evidence From a Simulated Casino

Ernan E. Haruvy · Ido Erev · Doron Sonsino

36 citations·0/0 files stored·Journal of Risk and Uncertainty

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Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies Gambling Behavior and Treatments

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References

1992Advances in prospect theory: Cumulative representation of uncertainty 1953Science and Human Behavior 1948The Utility Analysis of Choices Involving Risk 2022Science and Human Behavior 1998The Theory of Learning in Games 1998Predicting How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria 1995Learning in extensive-form games: Experimental data and simple dynamic models in the intermediate term 1982"Expected Utility" Analysis without the Independence Axiom

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2005Gambling Across Cultures: Mapping Worldwide Occurrence and Learning from Ethnographic Comparison 2004Gambling Attitudes and Gambling Behavior of Residents of Macao: The Monte Carlo of the Orient 2005Generality, repetition, and the role of descriptive learning models 2006The effect of experience on using a safety device 2020Risk aversion in the supply chain: Evidence from replenishment decisions 2002

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Year2001

Typearticle

Published2001-05-01

VenueJournal of Risk and Uncertainty

ISSN-L0895-5646

Languageen

Citations36

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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doi10.1023/a:1011183001837

openalex_workW1545796603

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On the Application and Interpretation of Learning Models

2007On the Weighting of Rare Events and the Economics of Small Decisions

2002Information, Processing Capacity, and Judgment Bias in Risk Assessment