A modified Monty Hall problem
Abstract
We conduct a laboratory experiment using the Monty Hall problem to study how simplified examples improve learning behavior and correct irrational choices in probabilistic situations. In particular, we show that after experiencing a simplified version of the MHP (the 100-door version), subjects perform better in the MHP (the 3-door version), compared to the control group who only experienced the 3-door version. Our results suggest that simplified...
Paper Details
Title
A modified Monty Hall problem
Published Date
Jun 3, 2020
Journal
Volume
89
Issue
2
Pages
151 - 156
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