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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.
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
The authors examine the role of effort and accuracy in the adaptive use of decision processes. A computer simulation study that used the concept of elementary i
Research has shown that the strategies people use to evaluate and choose among a set of multiattribute alternatives are highly sensitive to a variety of task an
This exciting publication provides the reader with a theoretical and practical approach to adaptive decision making, based on an appreciation of cognitive st
An expert explains how the conventional wisdom about decision making can get us into trouble—and why experience can’t be replaced by rules, procedures, or a