The Satisficer’s Curse
نویسنده
چکیده
Following the Winner’s Curse and the Optimizer’s Curse, this paper introduces the Satisficer’s Curse. The Winner’s Curse requires competition between agents in an auction for, usually, a common-value item; the recently named Optimizer’s Curse is a systematic overvaluation when the decision maker is choosing the highest valued prospect of a set of uncertain future outcomes. The Satisficer’s Curse is a systematic overvaluation that occurs when any uncertain prospect is chosen because its estimate exceeds a positive threshold. It is the most general version of the three curses, all of which can be seen as statistical artefacts.
منابع مشابه
گزارش یک موردOndines curse
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