Do Variance Aftereffects Distort Risk Perception?

AuthorT. Berrada, E. Payzan-LeNestour, B. W. Balleine, and J. Pearson
Date01 Aug. 2016
CategoryRoundups
Do Variance Aftereffects Distort  Risk Perception?

Conventional economic theory assumes a true and accurate perception of risk. But, due to sensory aftereffects, people wrongly perceive their physical environment. Could a variance aftereffect exist? And, if so, how could it distort risk perception? 

 

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