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原文連結
論文資訊
- 類型：已發表論文
- 日期：2021-08-26
摘要
Probability matching, also known as the “matching law” or Herrnstein’s Law, has long puzzled economists and psychologists because of its apparent inconsistency with basic self-interest. We conduct an experiment with real monetary payoffs in which each participant plays a computer game to guess the outcome of a binary lottery. In addition to finding strong evidence for probability matching, we document different tendencies towards randomization in different payoff environments—as predicted by models of the 演化ary origin of probability matching—after controlling for a wide range of demographic and socio經濟 variables. We also find several individual differences in the tendency to maximize or randomize, correlated with wealth and other socio經濟 factors. In particular, subjects who have taken prob
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