You are here: Home Seminar 2019 Summer Term Applied Micro Workshop – Pedro Bordalo, “Memory and Representativeness”

Applied Micro Workshop – Pedro Bordalo, “Memory and Representativeness”

— filed under:

Pedro Bordalo, Katie Coffman, Nicola Gennaioli, Frederik Schwerter, and Andrei Shleifer: “Memory and Representativeness” We explore the idea that judgment by representativeness reflects the workings of episodic memory, especially interference. In a new laboratory experiment on cued recall, participants are shown two groups of images with different distributions of colors. We find that i) decreasing the frequency of a given color in one group significantly increases the recalled frequency of that color in the other group, ii) for a fixed set of images, different cues for the same objective distribution entail different interference patterns and different probabilistic assessments. Selective retrieval and interference may offer a foundation for the representativeness heuristic, but more generally for understanding the formation of probability judgments from experienced statistical associations.

Event details
What
  • Presentation
When May 07, 2019
from 16:00 to 17:30
Where briq, Seminar Room 9/1.1, Schaumburg-Lippe-Straße 9
Add event to calendar vCal
iCal

More information about this event…

Document Actions