Y1 - Int. to Behavioural Economics

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Summary

Week 6

Erasmus Universiteit · Int. Economics and Business Economics

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Week 6
Chapter 4 Probability Judgment
4.5 Total probability and Bayes’s rule
4.6 Bayesian updating
Chapter 5 Judgment under Risk and Uncertainty
5.2 The gambler’s fallacy
5.3 Conjunction and disjunction fallacies
5.4 Base-rate neglect
5.5 Confirmation bias
5.6 Availability
5.7 Overconfidence

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