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Learning in settings with partial feedback and the wavy recency effect of rare events |
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| Affiliation: | 1. Max Wertheimer Minerva Center for Cognitive Studies, Faculty of Industrial Engineering and Management, Technion, Israel;2. Warwick Business School, Warwick University, UK |
| Abstract: | |
| Keywords: | Law of effect Decisions from experience Negative recency The gambler’s fallacy Contingencies of reinforcements Pattern learning |
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