MARTER: Markov True and Error model of drifting parameters
This paper describes a theory of the variability of risky choice that describes empirical properties of choice data, including sequential effects and systematic violations of response independence. The Markov True and Error (MARTER) model represents the formation and fluctuation of true preferences...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Society for Judgment and Decision Making
2020-01-01
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| Series: | Judgment and Decision Making |
| Subjects: | |
| Online Access: | http://journal.sjdm.org/19/190727/jdm190727.pdf |