0
votes
0answers
13 views

Simple cognitive model for a customer

I'm trying to model the cognitive model of a customer buying a product for the purposes of building an agent based model. I wish to devise a model that takes as parameters $\rm product_1,\ ...
4
votes
1answer
83 views

What are “Stimulus locked” and “Response locked” in Philiastides & Sajda (2006)

While going through the below-mentioned paper, I came across some plots which were said to be "locked" with reference to either response or stimulus. Does the locking refer to the initiation of the ...
7
votes
1answer
180 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 ...
10
votes
3answers
205 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 ...