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

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9
votes
1answer
138 views

Bias towards purchasing tangible vs virtual goods

People may have very little hesitation in spending $3 on a coffee once a week, but when it comes to buying things online, such as virtual goods or services, they are often much more reluctant. Is ...
4
votes
1answer
113 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 ...
7
votes
1answer
353 views

What are the characteristics that make complex problem solving complex?

In real-world problem-solving tasks that many people call "complex" (like flying a jet, programming, fixing a car, fighting a fire - the type investigated by the naturalistic decision making ...
10
votes
3answers
213 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 ...
4
votes
1answer
241 views

Is Decision-Making Emotionally Based, with Rationalization as the only Conscious Component?

My interest is in how problem-solving decisions are made, and what, if any skills could be taught to increase people's ability to make effective decisions? Effective, in this case, means that an ...
7
votes
2answers
329 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 ...
9
votes
1answer
169 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 ...
12
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 ...
3
votes
2answers
207 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 ...
5
votes
0answers
103 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 ...
5
votes
0answers
140 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 ...
18
votes
2answers
898 views

What are popular rationalist responses to Tversky & Shafir?

In the early 90s Tversky & Shafir observed several violations of rationality in human participants, in particular violation of the disjunction effect and sure-thing principle. This has lead to ...
20
votes
2answers
532 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 ...
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 ...