The Adaptive Decision Maker Effort And Accuracy In Choice
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The Adaptive Decision Maker
Author | : John W. Payne |
Publisher | : Cambridge University Press |
Total Pages | : 352 |
Release | : 1993-05-28 |
Genre | : Education |
ISBN | : 9780521425261 |
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The Adaptive Decision Maker argues that people use a variety of strategies to make judgments and choices. The authors introduce a model that shows how decision makers balance effort and accuracy considerations and predicts which strategy a person will use in a given situation. A series of experiments testing the model are presented, and the authors analyse how the model can lead to improved decisions and opportunities for further research.
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