Beware of black swans: Taking stock of the description–experience gap in decision under uncertainty

Beware of black swans: Taking stock of the description–experience gap in decision under uncertainty

Uncertainty pervades most aspects of life. From selecting a new technology to choosing a career, decision makers rarely know in advance the exact outcomes of their decisions. Whereas the consequences of decisions in standard decision theory are explicitly described (the decision from description (DF...

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Bibliographic Details
Main Authors: de Palma, André, Abdellaoui, Mohammed, Attanasi, Giuseppe, Erev, Ido, Fehr-Duda, Helga, Fok, Dennis, Fox, Craig R., Hertwig, Ralph, Picard, Nathalie, Wakker, Peter P, Walker, Joan L, Weber, Martin, Wakker, Peter P., Walker, Joan L., Ben-Akiva, Moshe E
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Format: Article
Language:English
Published: Springer US 2016
Online Access:http://hdl.handle.net/1721.1/105459

Internet

http://hdl.handle.net/1721.1/105459

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