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Two Distinct Exploratory Behaviors in Decisions from Experience: Comment on Gonzalez and Dutt (2011)
Hills, Thomas T.; Hertwig, Ralph – Psychological Review, 2012
Gonzalez and Dutt (2011) recently reported that trends during sampling, prior to a consequential risky decision, reveal a gradual movement from exploration to exploitation. That is, even when search imposes no immediate costs, people adopt the same pattern manifest in costly search: early exploration followed by later exploitation. From this…
Descriptors: Decision Making, Models, Inferences, Sampling

Ashby, F. Gregory; Townsend, James T. – Psychological Review, 1986
Several varieties of perceptual independence are investigated, including sampling independence, dimensional orthogonality, stimulus separability and integrality, and performance parity. A general multivariate perceptual theory is developed, and a precise definition of perceptual independence is offered. (Author/LMO)
Descriptors: Cognitive Style, Decision Making, Learning Processes, Mathematical Models

Massaro, Dominic W.; Friedman, Daniel – Psychological Review, 1990
Several models of information integration are developed and analyzed in the context of a prototypical pattern-recognition task. Evaluation, integration, and decision-making processes are specified for each. Simulations and predictions are carried out to provide a measure of identifiability or extent to which they can be distinguished from one…
Descriptors: Bayesian Statistics, Cognitive Processes, Criteria, Decision Making