Figure 1.

The magnitude of the description–experience gap. The difference in the proportions of choices consistent with discrete underweighting in decisions from experience minus those in decisions from description, from a variety of published and unpublished studies. Results are based on the data compiled in Wulff et al. [45] and are restricted to studies that aimed to measure the gap rather than study its boundary conditions. The results are shown for choice problems involving a risky and safe option (darker) versus two risky options (lighter). The references behind the acronyms can be found in Wulff et al. [45] or received from the authors of this paper. Adapted from [45]. (Online version in colour.)