Evaluating the coherence of Take-the-best in structured environments
Heuristic decision-making models, like Take-the-best, rely on environmental regularities. They conduct a limited search, and ignore available information, by assuming there is structure in the decision-making environment. Take-the-best relies on at least two regularities: DIMINISHING RETURNS, which...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Society for Judgment and Decision Making
2012-07-01
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| Series: | Judgment and Decision Making |
| Subjects: | |
| Online Access: | http://journal.sjdm.org/11/111109a/jdm111109a.pdf |