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Three doors anomaly, ‘‘should I stay, or should I go’’: an artefactual field experiment
dc.contributor.author | MORONE, ANDREA | |
dc.contributor.author | Caferra, Rocco | |
dc.contributor.author | Casamassima, Alessia | |
dc.contributor.author | Cascavilla, Alessandro | |
dc.contributor.author | Tiranzoni, Paola | |
dc.date.accessioned | 2021-05-10T11:07:51Z | |
dc.date.available | 2021-05-10T11:07:51Z | |
dc.date.issued | 2021-04-01 | |
dc.identifier.citation | Morone, A., Caferra, R., Casamassima, A. et al. Three doors anomaly, “should I stay, or should I go”: an artefactual field experiment. Theory Decis (2021). https://doi.org/10.1007/s11238-021-09809-0 | ca_CA |
dc.identifier.issn | 0040-5833 | |
dc.identifier.issn | 1573-7187 | |
dc.identifier.uri | http://hdl.handle.net/10234/193070 | |
dc.description.abstract | This work aims to identify and quantify the biases behind the anomalous behavior of people when they deal with the Three Doors dilemma, which is a really simple but counterintuitive game. Carrying out an artefactual field experiment and proposing eight different treatments to isolate the anomalies, we provide new interesting experimental evidence on the reasons why subjects fail to take the optimal decision. According to the experimental results, we are able to quantify the size and the impact of three main biases that explain the anomalous behavior of participants: Bayesian updating, illusion of control and status quo bias. | ca_CA |
dc.format.extent | 20 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Springer | ca_CA |
dc.rights | Atribución 4.0 Internacional | * |
dc.rights.uri | http://creativecommons.org/licenses/by-sa/4.0/ | * |
dc.subject | Three doors anomaly | ca_CA |
dc.subject | Cognitive Bias | ca_CA |
dc.subject | Bayes equilibrium | ca_CA |
dc.subject | Probability | ca_CA |
dc.subject | Decision-Making | ca_CA |
dc.subject | Field experiments | ca_CA |
dc.subject | Artefactual experiments | ca_CA |
dc.subject | Behavior | ca_CA |
dc.subject | Bounded rationality | ca_CA |
dc.title | Three doors anomaly, ‘‘should I stay, or should I go’’: an artefactual field experiment | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | 10.1007/s11238-021-09809-0 | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | https://link.springer.com/article/10.1007/s11238-021-09809-0 | ca_CA |
dc.type.version | info:eu-repo/semantics/publishedVersion | ca_CA |
project.funder.name | Universita degli Studi di Bari Aldo Moro within the CRUI-CARE Agreement | ca_CA |
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