Economics Dictionary of Arguments

Home Screenshot Tabelle Begriffe

 
Author Item Summary Meta data

Peter Norvig on Anchoring Effect - Dictionary of Arguments

Norvig I 621
Anchoring Effect/AI research/decisions/Norvig/Russell: People feel more comfortable making relative utility judgments rather than absolute ones. I may have little idea how much I might enjoy the various wines offered by a restaurant. The restaurant takes advantage of this by offering a $200 bottle that it knows nobody will buy, but which serves to skew upward the customer’s estimate of the value of all wines and make the $55 bottle seem like a bargain. >Ellsberg paradox/Norvig, >Allais paradox/Norvig, >Rationality/AI research, >Preferences/Norvig, >Ambiguity/Kahneman/Tversky, >Framing effect/Norvig, >Utility/AI research.


_____________
Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Norvig I
Peter Norvig
Stuart J. Russell
Artificial Intelligence: A Modern Approach Upper Saddle River, NJ 2010


Send Link
> Counter arguments against Norvig

Authors A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Z  


Concepts A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Z