Stochastic choice and preferences for randomization

M Agranov, P Ortoleva - Journal of Political Economy, 2017 - journals.uchicago.edu
We conduct an experiment in which subjects face the same questions repeated multiple
times, with repetitions of two types:(1) following the literature, the repetitions are distant from …

Transitivity of preferences.

M Regenwetter, J Dana, CP Davis-Stober - Psychological review, 2011 - psycnet.apa.org
Transitivity of preferences is a fundamental principle shared by most major contemporary
rational, prescriptive, and descriptive models of decision making. To have transitive …

Multinomial models with linear inequality constraints: Overview and improvements of computational methods for Bayesian inference

DW Heck, CP Davis-Stober - Journal of mathematical psychology, 2019 - Elsevier
Many psychological theories can be operationalized as linear inequality constraints on the
parameters of multinomial distributions (eg, discrete choice analysis). These constraints can …

A probabilistic, dynamic, and attribute-wise model of intertemporal choice.

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 …

[HTML][HTML] Why contextual preference reversals maximize expected value.

A Howes, PA Warren, G Farmer, W El-Deredy… - Psychological …, 2016 - psycnet.apa.org
Contextual preference reversals occur when a preference for one option over another is
reversed by the addition of further options. It has been argued that the occurrence of …

The construct–behavior gap in behavioral decision research: A challenge beyond replicability.

M Regenwetter, MM Robinson - Psychological Review, 2017 - psycnet.apa.org
Behavioral decision research compares theoretical constructs like preferences to behavior
such as observed choices. Three fairly common links from constructs to behavior are (1) to …

Deliberately stochastic

S Cerreia-Vioglio, D Dillenberger, P Ortoleva… - American Economic …, 2019 - aeaweb.org
We study stochastic choice as the outcome of deliberate randomization. We derive a general
representation of a stochastic choice function where stochasticity allows the agent to …

The problem of coordination and the pursuit of structural constraints in psychology

D Kellen, CP Davis-Stober, JC Dunn… - Perspectives on …, 2021 - journals.sagepub.com
Paul Meehl's famous critique detailed many of the problematic practices and conceptual
confusions that stand in the way of meaningful theoretical progress in psychological science …

[HTML][HTML] Noisy preferences in risky choice: A cautionary note.

S Bhatia, G Loomes - Psychological review, 2017 - psycnet.apa.org
We examine the effects of multiple sources of noise in risky decision making. Noise in the
parameters that characterize an individual's preferences can combine with noise in the …

QTest: Quantitative testing of theories of binary choice.

M Regenwetter, CP Davis-Stober, SH Lim, Y Guo… - Decision, 2014 - psycnet.apa.org
The goal of this paper is to make modeling and quantitative testing accessible to behavioral
decision researchers interested in substantive questions. We provide a novel, rigorous, yet …