Inclusion-Exclusion Discrepancy (IED) is a concept in decision-making theory, particularly in the field of psychology. It was introduced by Yaniv and Schul in their works in 1997 and 2000.

The principle of IED is based on the idea that people often have different perspectives when they are asked to consider information from an inclusive perspective (considering all relevant information) versus an exclusive perspective (considering only a subset of information).

The discrepancy, or difference, between these two perspectives can lead to different decisions or judgments. For example, when asked to estimate the likelihood of an event based on a list of relevant factors, people might give a higher estimate when considering all factors (inclusive perspective) compared to when they consider each factor individually (exclusive perspective).

This discrepancy can have significant implications in various fields, such as risk assessment, medical decision making, and financial decision making. It highlights the importance of how information is presented and considered in decision-making processes.

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Inclusion-Exclusion Discrepancy (IED) is a concept in decision-making theory, particularly in the field of psychology. It was introduced by Yaniv and Schul in their works in 1997 and 2000.

The principle of IED is based on the idea that people often have different perspectives when they are asked to consider information from an inclusive perspective (considering all relevant information) versus an exclusive perspective (considering only a subset of information).

The discrepancy, or difference, between these two perspectives can lead to different decisions or judgments. For example, when asked to estimate the likelihood of an event based on a list of relevant factors, people might give a higher estimate when considering all factors (inclusive perspective) compared to when they consider each factor individually (exclusive perspective).

This discrepancy can have significant implications in various fields, such as risk assessment, medical decision making, and financial decision making. It highlights the importance of how information is presented and considered in decision-making processes.

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Inclusion-Exclusion Discrepancy (IED) is a concept in decision-making theory, particularly in the field of psychology. It was introduced by Yaniv and Schul in their works in 1997 and 2000.

The principle of IED is based on the idea that people often have different perspectives when they are asked to consider information from an inclusive perspective (considering all relevant information) versus an exclusive perspective (considering only a subset of information).

The discrepancy, or difference, between these two perspectives can lead to different decisions or judgments. For example, when asked to estimate the likelihood of an event based on a list of relevant factors, people might give a higher estimate when considering all factors (inclusive perspective) compared to when they consider each factor individually (exclusive perspective).

This discrepancy can have significant implications in various fields, such as risk assessment, medical decision making, and financial decision making. It highlights the importance of how information is presented and considered in decision-making processes.

what is Inclusion-exclusion discrepancy (IED; Yaniv & Schul, 1997, 2000)

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