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Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Noah van Dongen1, Jan Sprenger2, Eric-Jan Wagenmakers3
1University of Amsterdam, Amsterdam, Netherlands. nnnvandongen@gmail.com.
This study re-evaluates statistical hypothesis testing, arguing that severity, or the stringent testing of hypotheses, is crucial for both error-statistical and Bayesian inference. It highlights the importance of research context and specific predictions for robust statistical analysis.
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