Pseudocertainty effect
id:
pseudocertainty-effect-290-2500108
title:
Pseudocertainty effect
text:
In prospect theory, the pseudocertainty effect is the tendency for people to perceive an outcome as certain while it is actually uncertain in multi-stage decision making. The evaluation of the certainty of the outcome in a previous stage of decisions is disregarded when selecting an option in subsequent stages. Not to be confused with certainty effect, the pseudocertainty effect was discovered from an attempt at providing a normative use of decision theory for the certainty effect by relaxing th
brand slug:
wiki
category slug:
encyclopedia
description:
Cognitive bias
original url:
https://en.wikipedia.org/wiki/Pseudocertainty_effect
date created:
date modified:
2023-12-27T05:12:36Z
main entity:
{"identifier":"Q7254597","url":"https://www.wikidata.org/entity/Q7254597"}
image:
fields total:
13
integrity:
14