Cognitive Lode by ribot for Brain Gems for Decision Makers ... Welcome ! ! !

Cognitive Lode by ribot for Brain Gems for Decision Makers ... Welcome ! ! !

Extracted Page: http://coglode.com/

A bat and ball together cost $1.10. The bat costs $1 more than the ball. How much does ball cost? Intuition says 10¢, but the correct response is 5¢. Most people struggle with this question, but it’s just a natural bias!

Neys, Rossi & Houd (2013) Bats, balls, and substitution sensitivity: cognitive misers are no happy fools. Psychonomic Bulletin & Review

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