Probability theory and perception of randomness: Bridging “ought” and “is” Academic Article uri icon

abstract

  • We argue that approaches adhering to normative systems can be as fruitful as those by descriptive systems. In measuring people's perception of randomness, discrepancies between human behavior and normative models could have resulted from unknown properties of the models, and it does not necessarily lead to the conclusion that people are irrational or that the normative system has to be abandoned. © 2011 Cambridge University Press.

author list (cited authors)

  • Sun, Y., & Wang, H.

citation count

  • 1

publication date

  • October 2011