Loss aversion and reference dependence are 2 keystones of behavioral theories of choice, but little is known about their underlying cognitive processes. We suggest an additional account for loss aversion that supplements the current account of the value encoding of attributes as gains or losses relative to a reference point, introducing a value…

The present report describes an expanded replication of the previous experiments in a nonlaboratory real-play setting unique to the experimental literature on decision processes - a casino in downtown Las Vegas. (Author)

The entire paper can be summarized by considering the presentation of a stimulus which acts by restricting the set of possible words to a defined short list and the resulting human choice that makes use of information from the stimulus to favor one of the words in the list rather than others. (Author/RK)

This paper addressed itself to the general question of the depth of processing required for lexical decision. (Author/RK)

In this article the authors examined three broad models for the congruity effect and tested them in a verification task. In so doing they attempted to learn something new about perceptual codes and perceptual judgments. (Author/RK)

This study is one of a series having to do with, among other things, the relative impact of informational (or cognitive) versus normative (or motivational) processes on the position an individual takes following group discussion. (Author)

A new approach to the study of "intuitive statistics" was developed in a series of five experiments dealing with the integration of numerical information. (Editor)

This paper described four experiments designed to provide insight into the mechanisms used to resolve difficult choices. (Author/RK)

The studies reported here asked: (a) How does receipt of outcome knowledge affect judgment? (b) How aware are people of the effects that outcome knowledge has on their perceptions? Answers to these questions will shed light on how people do learn and might better learn from history. (Author/RK)

The purpose of this study is to apply an information-processing approach to risky decision judgments using the theory of information integration (Anderson, 1974; Anderson & Shanteau, 1970). (Author)

Two experiments investigated the effects of feedback on absolute judgments of loudness. (Editor)

Three experiments were conducted to evaluate the P300 component of the human evoked response as an index of bisensory information processing. Data shows that the P300 promises to be a valuable tool for assessing brain processes during complex decision making. (Editor/RK)

McCauley, Stitt, Woods and Lipton's finding that groups were more conservative than individuals when betting at a race track has been criticized on statistical and methodological grounds. This study evaluates their research and sustains their general results and conclusions. (Editor/RK)

Two experiments are presented in which lateralization of monaural, auditory input affected the evaluation of verbal passages. Discusses lateral differences in evaluating auditory stimuli in the framework of the left hemisphere's specialization for the holistic processing of objective information and the right hemisphere's specialization for the…