Extrapolative Beliefs in Perceptual and Economic Decisions: Evidence of a Common Mechanism

  title={Extrapolative Beliefs in Perceptual and Economic Decisions: Evidence of a Common Mechanism},
  author={C. Frydman and G. Nave},
  journal={Cognitive Neuroscience eJournal},
  • C. Frydman, G. Nave
  • Published 2017
  • Psychology, Computer Science
  • Cognitive Neuroscience eJournal
  • A critical component of both economic and perceptual decision making under uncertainty is the belief-formation process. However, most research has studied belief formation in economic and perceptual decision making in isolation. One reason for this separate treatment may be the assumption that there are distinct psychological mechanisms that underlie belief formation in economic and perceptual decisions. An alternative theory is that there exists a common mechanism that governs belief formation… CONTINUE READING
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