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Super‐Underweighting of Rare Events with Repeated Descriptive Summaries
16 references·8 citing·38 second hop
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this work references cited by second hop

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1988Status quo bias in decision making5,912 cited
  • 2012Ecological RationalityIntelligence in the World750 cited
  • 2003Small feedback‐based decisions and their limited correspondence to description‐based decisions736 cited
  • 1999Stimulus Sampling and Social Psychological Experimentation686 cited
  • 2007Numeracy, ratio bias, and denominator neglect in judgments of risk and probability486 cited
  • 2004The hot hand fallacy and the gambler’s fallacy: Two faces of subjective randomness?471 cited
  • 2005The Robust Beauty of Majority Rules in Group Decisions.462 cited
  • 1991Fuzzy‐trace theory and framing effects in choice: Gist extraction, truncation, and conversion359 cited
  • 1976The cognitive side of probability learning.331 cited
  • 2012A new intuitionism: Meaning, memory, and development in Fuzzy-Trace Theory322 cited
  • 2009Degrees of uncertainty: An overview and framework for future research on experience‐based choice207 cited
  • 2006“Decisions from experience” = sampling error + prospect theory: Reconsidering Hertwig, Barron, Weber & Erev (2004)

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188 cited
  • 2005The Role of Personal Experience in Contributing to Different Patterns of Response to Rare Terrorist Attacks155 cited
  • Cited by

    • 2020The influence of biased exposure to forgone outcomes17 cited
    • 2015Forgone but not forgotten: the effects of partial and full feedback in “harsh” and “kind” environments15 cited
    • 2017Hold it! The influence of lingering rewards on choice diversification and persistence.9 cited
    • 2019Further investigations of how rare disaster information affects risk taking: A registered replication report6 cited
    • 2022Fear and promise of the unknown: How losses discourage and promote exploration5 cited
    • 2022The day after the disaster: Risk-taking following large- and small-scale disasters in a microworld5 cited
    • 2017Variability in Decision Strategies Across Description‐based and Experience‐based Decision Making5 cited
    • 2017The impact of descriptions and incentives on the simultaneous underweighting and overestimation of rare events.1 cited