You don’t want to know what you’re missing: When information about forgone rewards impedes dynamic decision making

When people learn to make decisions from experience, a reasonable intuition is that additional relevant information should improve their performance. In contrast, we find that additional information about foregone rewards (i.e., what could have gained at each point by making a different choice) seve...

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Bibliographic Details
Main Authors: A. Ross Otto, Bradley C. Love
Format: Article
Language:English
Published: Cambridge University Press 2010-02-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500001984/type/journal_article