Description-based and experience-based decisions: individual analysis

We analyze behavior in two basic classes of decision tasks: description-based and experience-based. In particular, we compare the prediction power of a number of decision learning models in both kinds of tasks. Unlike most previous studies, we focus on individual, rather than aggregate, behavioral c...

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Bibliographic Details
Main Authors: Andrey Kudryavtsev, Julia Pavlodsky
Format: Article
Language:English
Published: Cambridge University Press 2012-05-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/11/11925/jdm11925.pdf