Efficient coding and risky choice
We experimentally test a theory of risky choice in which the perception of a lottery payoff is
noisy due to information processing constraints in the brain. We model perception using the …
noisy due to information processing constraints in the brain. We model perception using the …
[HTML][HTML] Market shocks and professionals' investment behavior–Evidence from the COVID-19 crash
We investigate how the experience of extreme events, such as the COVID-19 market crash,
influence risk-taking behavior. To isolate changes in risk-taking from other factors, we ran …
influence risk-taking behavior. To isolate changes in risk-taking from other factors, we ran …
Serial dependence in the perception of visual variance
The recent history of perceptual experience has been shown to influence subsequent
perception. Classically, this dependence on perceptual history has been examined in …
perception. Classically, this dependence on perceptual history has been examined in …
The bounded rationality of probability distortion
In decision making under risk (DMR) participants' choices are based on probability values
systematically different from those that are objectively correct. Similar systematic distortions …
systematically different from those that are objectively correct. Similar systematic distortions …
Adaptation to variance generalizes across visual domains.
J Maule, A Franklin - Journal of Experimental Psychology: General, 2020 - psycnet.apa.org
Processing the vast amount of visual information available from the world ought to pose a
significant challenge to the brain. One of the ways in which the brain appears to encode the …
significant challenge to the brain. One of the ways in which the brain appears to encode the …
[HTML][HTML] Adaptation to mean and variance: Interrelationships between mean and variance representations in orientation perception
When there are many visual items, the visual system could represent their summary statistics
(eg, mean, variance) to process them efficiently. Although many previous studies have …
(eg, mean, variance) to process them efficiently. Although many previous studies have …
Biased risk perceptions: Evidence from the laboratory and financial markets
E Payzan-LeNestour, L Pradier, TJ Putniņš - Journal of Banking & Finance, 2023 - Elsevier
Applying a well-established neuroscience framework to the issue of investor perception of
volatility, we propose that after prolonged exposure to high volatility, investors tend to …
volatility, we propose that after prolonged exposure to high volatility, investors tend to …
Ensemble perception of color in autistic adults
J Maule, K Stanworth, E Pellicano… - Autism Research, 2017 - Wiley Online Library
Dominant accounts of visual processing in autism posit that autistic individuals have an
enhanced access to details of scenes [eg, weak central coherence] which is reflected in a …
enhanced access to details of scenes [eg, weak central coherence] which is reflected in a …
Neurofinance
E Payzan-LeNestour - Handbook of Financial Decision Making, 2023 - elgaronline.com
Financial behavior that may seem irrational now is behavior that hasn't had sufficient time to
adapt to modern contexts across evolutionary time. An obvious example from nature is the …
adapt to modern contexts across evolutionary time. An obvious example from nature is the …
[HTML][HTML] Volatility shocks and investment behavior
We investigate how volatility shocks affect investors risk-taking, risk perception and
forecasts. We run artefactual field experiments with two participant pools (finance …
forecasts. We run artefactual field experiments with two participant pools (finance …