162 research outputs found

    Cognitive processes, models and metaphors in decision research

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    Decision research in psychology has traditionally been influenced by the homo oeconomicus metaphor with its emphasis on normative models and deviations from the predictions of those models. In contrast, the principal metaphor of cognitive psychology conceptualizes humans as ‘information processors’, employing processes of perception, memory, categorization, problem solving and so on. Many of the processes described in cognitive theories are similar to those involved in decision making, and thus increasing cross-fertilization between the two areas is an important endeavour. A wide range of models and metaphors has been proposed to explain and describe ‘information processing ’ and many models have been applied to decision making in ingenious ways. This special issue encourages cross-fertilization between cognitive psychology and decision research by providing an overview of current perspectives in one area that continues to highlight the benefits of the synergistic approach: cognitive modeling of multi-attribute decision making. In this introduction we discuss aspects of the cognitive system that need to be considered when modeling multi-attribute decision making (e.g., automatic versus controlled processing, learning and memory constraints, metacognition) and illustrate how such aspects are incorporated into the approaches proposed by contributors to the special issue. We end by discussing the challenges posed by the contrasting and sometimes incompatible assumptions of the models and metaphors

    What is the airspeed velocity of an unladen swallow? modeling numerical judgments of realistic stimuli

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    Research on processes of multiple-cue judgments usually uses artificial stimuli with predefined cue structures, such as artificial bugs with four binary features like back color, belly color, gland size, and spot shape. One reason for using artifical stimuli is that the cognitive models used in this area need known cues and cue values. This limitation makes it difficult to apply the models to research questions with complex naturalistic stimuli with unknown cue structure. In two studies, building on early categorization research, we demonstrate how cues and cue values of complex naturalistic stimuli can be extracted from pairwise similarity ratings with a multidimensional scaling analysis. These extracted cues can then be used in a state-of-the-art hierarchical Bayesian model of numerical judgments. In the first study, we show that predefined cue structures of artificial stimuli are well recovered by an MDS analysis of similarity judgments and that using these MDS-based attributes as cues in a cognitive model of judgment data from an existing experiment leads to the same inferences as when the original cue values were used. In the second study, we use the same procedure to replicate previous findings from multiple-cue judgment literature using complex naturalistic stimuli

    Cognitive integration of recognition information and additional cues in memory-based decisions

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    Glöckner and Bröder (2011) have shown that for 77.5% of their participants’ decision making behavior in decisions involving recognition information and explicitly provided additional cues could be better described by weighted-compensatory Parallel Constraint Satisfaction (PCS) Models than by non-compensatory strategies such as recognition heuristic (RH) or Take the Best (TTB). We investigate whether this predominance of PCS models also holds in memory-based decisions in which information retrieval is effortful and cognitively demanding. Decision strategies were analyzed using a maximum-likelihood strategy classification method, taking into account choices, response times and confidence ratings simultaneously. In contrast to the memory-based-RH hypothesis, results show that also in memory-based decisions for 62% of the participants behavior is best explained by a compensatory PCS model. There is, however, a slight increase in participants classified as users of the non-compensatory strategies RH and TTB (32%) compared to the previous study, mirroring other studies suggesting effects of costly retrieval

    Deliberation versus automaticity in decision making: Which presentation format features facilitate automatic decision making?

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    The idea of automatic decision making approximating normatively optimal decisions without necessitating much cognitive effort is intriguing. Whereas recent findings support the notion that such fast, automatic processes explain empirical data well, little is known about the conditions under which such processes are selected rather than more deliberate stepwise strategies. We investigate the role of the format of information presentation, focusing explicitly on the ease of information acquisition and its influence on information integration processes. In a probabilistic inference task, the standard matrix employed in prior research was contrasted with a newly created map presentation format and additional variations of both presentation formats. Across three experiments, a robust presentation format effect emerged: Automatic decision making was more prevalent in the matrix (with high information accessibility), whereas sequential decision strategies prevailed when the presentation format demanded more information acquisition effort. Further scrutiny of the effect showed that it is not driven by the presentation format as such, but rather by the extent of information search induced by a format. Thus, if information is accessible with minimal need for information search, information integration is likely to proceed in a perception-like, holistic manner. In turn, a moderate demand for information search decreases the likelihood of behavior consistent with the assumptions of automatic decision making

    Approximating rationality under incomplete information: Adaptive inferences for missing cue values based on cue-discrimination

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    In a highly uncertain world, individuals often have to make decisions in situations with incomplete information. We investigated in three experiments how partial cue information is treated in complex probabilistic inference tasks. Specifically, we test a mechanism to infer missing cue values that is based on the discrimination rate of cues (i.e., how often a cue makes distinct predictions for choice options). We show analytically that inferring missing cue values based on discrimination rate maximizes the probability for a correct inference in many decision environments and that it is therefore adaptive to use it. Results from three experiments show that individuals are sensitive to the discrimination rate and use it when it is a valid inference mechanism but rely on other inference mechanisms, such as the cues’ base-rate of positive information, when it is not. We find adaptive inferences for incomplete information in environments in which participants are explicitly provided with information concerning the base-rate and discrimination rate of cues (Exp. 1) as well as in environments in which they learn these properties by experience (Exp. 2). Results also hold in environments of further increased complexity (Exp. 3). In all studies, participants show a high ability to adaptively infer incomplete information and to integrate this inferred information with other available cues to approximate the naïve Bayesian solution
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