Bayesian methods for analyzing true-and-error models

Birnbaum and Quispe-Torreblanca (2018) evaluated a set of six models developed under true-and-error theory against data in which people made choices in repeated gambles. They concluded the three models based on expected utility theory were inadequate accounts of the behavioral data, and argued in fa...

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Bibliographic Details
Main Author: Michael D. Lee
Format: Article
Language:English
Published: Cambridge University Press 2018-11-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/18/18507c/jdm18507c.pdf