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Diagnostic Expectations vs Anchoring

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[unable to retrieve full-text content]For 4 decades I have been trying to deal with, what seems to me to be a contradiction between empirical results. Kahneman and Twersky note two things. One is diagnostic expectations – people over react to useful signals of membership in a group – diagnostic symptoms.  One example is that red hair is diagnostic of […] The post Diagnostic Expectations vs Anchoring appeared first on Angry Bear.

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For 4 decades I have been trying to deal with, what seems to me to be a contradiction between empirical results. Kahneman and Twersky note two things. One is diagnostic expectations – people over react to useful signals of membership in a group – diagnostic symptoms.  One example is that red hair is diagnostic of […]

The post Diagnostic Expectations vs Anchoring appeared first on Angry Bear.

Robert Waldmann
Robert J. Waldmann is a Professor of Economics at Univeristy of Rome “Tor Vergata” and received his PhD in Economics from Harvard University. Robert runs his personal blog and is an active contributor to Angrybear.

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