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| Tekijä: | Lejarraga, T. |
| Otsikko: | When experience is better than description: Time delays and complexity |
| Lehti: | Journal of Behavioral Decision Making
2010 : VOL. 23:1, p. 100-116 |
| Asiasana: | decision making models |
| Vapaa asiasana: | decisions from experience frequency judgments individual differences preference for experience |
| Kieli: | eng |
| Tiivistelmä: | The study examines two extensions to the no-cost sampling paradigm highlighting additional positive aspects of experience. It is explored whether the natural human capacity to encode past frequencies of events favours experience over description as a source of information in inference task. This notion is also extended to contexts of increasing complexity. In detail, decision makers' preference for information from experience as a function of task complexity, controlling for individual differences inrationality and numeracy, is studied. |
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