异常值盲目性:忽视金融风险的神经生物学基础

Elise Payzan-LeNestour, M. Woodford
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引用次数: 10

摘要

人们如何记录他们在环境中观察到的结果的信息?在一个完善的神经科学框架的基础上,我们提出了一个模型,在这个模型中,人们在他们预期很少遇到的结果的感知上受到阻碍。我们为这种“离群盲目性”提供了实验证据,并讨论了它如何为投资者在金融市场中被忽视的尾部风险提供微观基础。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Outlier Blindness: A Neurobiological Foundation for Neglect of Financial Risk
How do people record information about the outcomes they observe in their environment? Building on a well-established neuroscientific framework, we propose a model in which people are hampered in their perception of outcomes that they expect to seldom encounter. We provide experimental evidence for such ‘outlier blindness’ and discuss how it provides a microfoundation for neglected tail risk by investors in financial markets.
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