Memory, attention, and choice
Building on a textbook description of associative memory (Kahana 2012), we present a model of choice in which a choice option cues recall of similar past experiences. Memory shapes valuation and decisions in two ways. First, recalled experiences form a norm, which serves as an initial anchor for val...
Main Authors: | , , |
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Format: | Journal article |
Language: | English |
Published: |
Oxford University Press
2020
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