Greg Barron

Greg Barron

Greg Barron appears on this site as first author of the 2009 Judgment and Decision Making paper on the coexistence of overestimation and underweighting of rare events and the contingent recency effect.

Who they are

The work of Greg Barron reaches this site through the paper listed below. On this site the name is tied to Contingent Recency Effect.

Key papers

Barron, G., & Yechiam, E. (2009). The coexistence of overestimation and underweighting of rare events and the contingent recency effect. Judgment and Decision Making, 4(6), 447-460. What it reports: Three laboratory experiments and a field study. Rare events were overestimated in judgments and underweighted in choices from experience, and a recent rare event lowered estimates of risk while making behaviour more cautious.

Key ideas

Contingent Recency Effect: The finding that a recent rare event can move estimates and choices in opposite directions.


Sources

  1. Barron, G., & Yechiam, E. (2009). The coexistence of overestimation and underweighting of rare events and the contingent recency effect. Judgment and Decision Making, 4(6), 447-460.