Exemplar-based inference in multi-attribute decision making

• Main Authors: Linnea Karlsson, Peter Juslin, Henrik Olsson
• Format: Article
• Language: English
• Published: Society for Judgment and Decision Making 2008-03-01
• Series: Judgment and Decision Making
• Subjects: exemplar memory; cue abstraction; strategy shifts; multi-attribute decisions; Sigma.NAKeywords
• Online Access: http://journal.sjdm.org/bn5.pdf

Several studies propose that exemplar retrieval contributes to multi-attribute decisions. The authors have proposed a process theory enabling a priori predictions of what cognitive representations people use as input to their judgment process (extit{Sigma}, for ``summation''; P. Juslin, L. Karlsson, and H. Olsson, 2008). According to Sigma, exemplar retrieval is a back-up system when the task does not allow for additive and linear abstraction and integration of cue-criterion knowledge (e.g., when the task is non-additive). An important question is to what extent such shifts occur spontaneously as part of automatic procedures, such as error-minimization with the Delta rule, or if they are controlled extit{strategy} shifts contingent on the ability to identify a sufficiently successful judgment strategy. In this article data are reviewed that demonstrate a shift between exemplar memory and cue abstraction, as well as data where the expected shift does extit{not} occur. In contrast to a common assumption of previous models, these results suggest a controlled and contingent strategy shift.