Testing the Ecological Rationality of Base Rate Neglect

Abstract

What simple learning rules can allow agents to cope with changing environments? We tested whether a rule that neglects base rates of events in the world — something that is usually considered irrational — could be as successful as Bayesian inference — the usual standard of rationality — in making cuebased predictions about events in time-varying… (More)

Topics

5 Figures and Tables

Cite this paper

@inproceedings{Todd2002TestingTE, title={Testing the Ecological Rationality of Base Rate Neglect}, author={Peter M. Todd and Adam Goodie}, year={2002} }