Psychology Dictionary of Arguments

Home Screenshot Tabelle Begriffe

 
Author Item Summary Meta data
Norvig I 620
Ambiguity/Kahneman/Tversky/Norvig/Russell: One explanation for (…) apparently irrational preferences (>Allais paradox/Norvig) is the certainty effect (Kahneman and Tversky, 1979)(1): people are strongly attracted to gains that are certain. >Certainty effect/Kahneman/Tversky.
Ambiguity aversion: It seems that people have ambiguity aversion: A gives you a 1/3 chance of winning, while B could be anywhere between 0 and 2/3. Similarly, D gives you a 2/3 chance, while C could be anywhere between 1/3 and 3/3. Most people elect the known probability rather than the unknown unknowns. >Ellsberg paradox/Norvig, >Allais paradox/Norvig, >Rationality/AI research, >Preferences/Norvig, >Utility/AI research.


1. Kahneman, D. and Tversky, A. (1979). Prospect theory: An analysis of decision under risk. econometrica, pp. 263–291.


_____________
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.
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

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   Y   Z