HIGHLIGHTS
- who: Groningen and colleagues from the University of have published the research work: COGNITION, OPTIMISM, AND THE FORMATION OF AGE‐DEPENDENT SURVIVAL BELIEFS, in the Journal: (JOURNAL)
- what: The authors provide a structural interpretation of these biases through transformations of objective probabilities known from experimental prospect theory (PT) . As the first step, the authors compare SSBs to OSPs using data from the Health and Retirement Study (HRS). The authors show that these direct measures exhibit the same age trends as the indirect measures. Due to this inconsistency in target age the authors focus on individuals . . .
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