Researchers have benefited from characterizing evidence-based decision making as a process involving sequential sampling. More recently, sequential sampling models have …
The study of decision making spans such varied fields as neuroscience, psychology, economics, statistics, political science, and computer science. Despite this diversity of …
How do we make simple purchasing decisions (eg, whether or not to buy a product at a given price)? Previous work has shown that the attentional drift-diffusion model (aDDM) can …
We present a theory of decision by sampling (DbS) in which, in contrast with traditional models, there are no underlying psychoeconomic scales. Instead, we assume that an …
Meaning is a fundamental component of nearly all aspects of human cognition, but formal models of semantic memory have classically lagged behind many other areas of cognition …
In the last years, research on risky choice has moved beyond analyzing choices only. Models have been suggested that aim to describe the underlying cognitive processes and …
The roles of loss aversion and inhibition among alternatives are examined in models of the similarity, compromise, and attraction effects that arise in choices among 3 alternatives …
S Bhatia - Psychological review, 2013 - psycnet.apa.org
This paper presents a theory of multi-alternative, multi-attribute preferential choice. It is assumed that the associations between an attribute and an available alternative impact the …
J Dai, JR Busemeyer - Journal of Experimental Psychology …, 2014 - psycnet.apa.org
Most theoretical and empirical research on intertemporal choice assumes a deterministic and static perspective, leading to the widely adopted delay discounting models. As a form of …