Measuring «Correlation Neglect» : experimental prodecures and applications
|Advisor:||Kröger, Sabine; Bellemare, Charles|
|Abstract:||Recent economic studies identified the difficulty of persons to make optimal decisions when there is correlation between (random) state variables, now referred to in the literatures as “correlation neglect.” In this article, we presume correlation neglect to be an individual trait of a person and propose different measures of this characteristic. We compare different measures in terms of their correlation based on results from laboratory experiments. We present applications of the measures in the field. Keywords : heuristics and biases, correlation neglect, measurement.|
|Document Type:||Mémoire de maîtrise|
|Open Access Date:||24 April 2018|
|Collection:||Thèses et mémoires|
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