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Chakravarti, Amitav; Fang, Christina; Shapira, Zur – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2011
The ability to detect a change, to accurately assess the magnitude of the change, and to react to that change in a commensurate fashion are of critical importance in many decision domains. Thus, it is important to understand the factors that systematically affect people's reactions to change. In this article we document a novel effect: Decision…
Descriptors: Cognitive Processes, Change, Responses, Decision Making Skills