Adaptation Through Experience or Description? Evidence from an Experiment on Efficient Coding
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https://www.nber.org/papers/w34214
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资源简介：
The principle of efficient coding implies that the perception of monetary payoffs is shaped by the decision maker's prior beliefs. Specifically, payoffs that the decision maker expects to encounter more frequently should be perceived more accurately. Most previous tests of efficient coding rely on
提供机构：
美国国家经济研究局
创建时间：
2025-09-01
