For questions regarding the cognitive processes which result in the selection of a course of action among several alternative scenarios.

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12
votes
1answer
102 views

How does displaying existing votes to a poll influence subsequent voting behaviour?

Some polls involve a question where the existing votes received for each response option are displayed. I have heard that on such polls the existing votes influence the answers provided by subsequent ...
4
votes
1answer
66 views

What was the experiment where a person is given something and then has to share it with another person

Bob is given a bar of chocolate by the experimenter. Then he is to propose how he will share the chocolate with Emilly. If Emilly agrees with Bob's proposal, the kids will each get their share. If ...
2
votes
1answer
204 views

Which branch of psychology deals with decision making under stress?

Our decisions are usually based on a system of perspectives, which in turn are based on one's own set of values. However there are traumatizing situations where this system of perspectives is turned ...
4
votes
0answers
169 views

Test-retest reliability of Iowa gambling task performance and Expectancy Valence Model parameters

I've just been learning about the Expectancy Valence Model of the Iowa Gambling Task (see Busemeyer & Stout, 2002; Yechiam et al 2005). The model includes three parameters: motivation, ...
5
votes
3answers
488 views

What is the mechanism behind “gut feelings”?

I'm thinking of a phenomenon that I've first observed in myself when taking an IQ test. Upon looking at the question, I selected an answer, but got this "gut feeling" or a hint that something was ...
6
votes
1answer
140 views

How people choose at random

This question is inspired by one asked at MathOverflow. (These questions at Cognitive Sciences and at Cross Validated might also be relevant.) Are there any studies on what choices humans ...
3
votes
3answers
287 views

Why do drivers not slow down when they see signs indicating road work?

I found the following anecdote on Quora Many years ago, I worked for a gas & electric power company, and had been a member of a crew installing a road-side gas main. Despite the signs, ...
4
votes
1answer
103 views

How does the brain know what to crave?

I remember that at some point on House, M.D., one of the characters mentioned that her patient craved milk because it contained some chemical he/she needed. How does the brain figure out what ...
11
votes
3answers
232 views

Is there a random walk theory that can account for situations with more than two choices?

In the article "Two-stage Dynamic Signal Detection: A Theory of Choice, Decision Time, and Confidence" from 2010 by Pleskac and Busemeyer, a random walk model is presented for situations where a ...
6
votes
1answer
94 views

When faced with a choice and trying to make a quick decision, are 2 options better than 3 or more options?

Bastardi & Shafir (1998) show how too much data disabilitates your decision making. There is also the popular Paradox Of Choice argument. However, I can't find a reference stating that, when ...
5
votes
1answer
366 views

Why do people regret actions they didn't take when looking back on their lives?

Is it true that individuals often regret recent actions (i.e., last few months) but when they look back on their lives, they tend to regret things that they have not done (or lack of actions) ? If ...
18
votes
2answers
1k views

What tasks does Bayesian decision-making model poorly?

Bayesianism has been a relatively successful paradigm for modeling decision-making. However, not every psychologist is a bayesian, and there are tasks such as the Tversky & Shafir (1992) ...
6
votes
0answers
165 views

Online datasets for the disjunction effect and violations of the sure-thing principle

The disjunction effect (or violation of the sure-thing principle) is as follows: A dis­junc­tion effect occurs when peo­ple pre­fer x over y when they know that event A obtains, and they also ...
8
votes
1answer
133 views

Problem understanding the calculation of normative (Bayesian) base rates

I am having trouble understanding Table 1 of Gigerenzer, Hell, and Blank (1988, PDF, table on page 516): Focusing on the Jack row, it is stated that the mean probabilities of Jack being an engineer ...
7
votes
1answer
101 views

A study about preference for making relatively vs. absolute more money?

I remember reading about a study. I forgot the actual details of it, but the gist of it was: people were asked in what situation they would prefer to live, one where they make \$100,000 dollars and ...
10
votes
1answer
165 views

What constructs help explain limited cognitive processing and the cognitive effects of rules that limit decision making choices?

Supposed that I'm a married man, and my wife asks me to pick out a paint color for our new house. It's not terribly mentally taxing. However, my wife starts to add rules. The color can't be too ...
8
votes
2answers
156 views

What cognitive strategies diminish bias in decision-making beyond those outlined by Larrick?

Larrick (2004; pdf) offers a small number of suggestions for strategies to diminish bias in decision making, which he breaks down into four categories. "Consider the opposite". Tell decision-makers ...
7
votes
1answer
182 views

Appropriate metric(s) for quantifying the accuracy gain obtained from averaging dyads of estimates instead of adopting individual estimates?

Background The question relates to research I am doing into the Wisdom of Crowds effect (Galton, 1907; Page, 2007; Surowiecki, 2004), in which an average of the estimates made by individuals proves ...
20
votes
2answers
570 views

Performance of a group solving a cognitive task: How does it scale?

Some intellectual, cognitive and perceptual tasks can be solved collaboratively. It is common knowledge that group performance is better than that of each single individual due to exchange of ...
4
votes
1answer
114 views

What is the term for judging based on a simulation of the same parameters on oneself

Allow me to outline the observed process and three hypothetical examples below. For the sake of keeping the samples simple, I will ignore prior moral or religious convictions that a regular person ...
12
votes
2answers
1k views

Game-theory strategies to overcome holdout problem?

The hold-out problem often occurs in debt-restructuring or in urban development. The hold-out problem is defined where an agent, for example a land developer, must negotiate with many lot owners and ...
7
votes
2answers
357 views

Behaviorist interpretations of decision field theory

Decision field theory is usually presented as a dynamic cognitive model of decision making. However, in its basic form, the theory seems to only be concerned with behavior (decisions) and stimuli ...
13
votes
2answers
1k views

What is the term for when too many choices results in inability to decide?

A common problem is that when offered too many choices, consumers give up and make no choice. Too many options results in no sale where fewer options might have resulted in more sales. It's like the ...
9
votes
1answer
173 views

When is higher confidence predictive of less accuracy?

Normally, when an individual is more confident in a particular response (e.g., memory decision, general knowledge answer), he or she is also more likely to be accurate. There are also studies in which ...
3
votes
2answers
211 views

Why do some people seem to disregard the choice of doing nothing (The Zero Choice)?

In many areas of life we have a choice between multiple options: if we are hungry and we want to go out to eat, we have a number of places to choose from (McDonalds, etc). However, we also still have ...
7
votes
0answers
120 views

What processes underly confidence ratings in cognitive decision-making?

Many experiments in cognitive psychology and other domains ask for confidence ratings (e.g., on a 0-100 scale, 100 meaning "I'm sure I experienced this stimulus"). What accounts describe how these ...