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underlying intuition and make the application of simple heuristics and deliberate strategies very unlikely. Taking an … within a relatively short time (i.e., 2.2 seconds). The results indicate reliance on extremely well-calibrated intuition … interdisciplinary perspective, implications for economic and psychological modeling are outlined. -- Decision Making ; Intuition ; Base …
Persistent link: https://www.econbiz.de/10003935633
forecasts) and in decisions for which the application of fast-and-frugal heuristics has been claimed (city-size decisions) the … assumption of complex decision models and the fast-and-frugal heuristics approach, which claim that probabilistic inferences are …. -- Decision Making ; Connectionism ; Parallel Constraint Satisfaction ; Fast-and-Frugal Heuristics ; Bounded Rationality …
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The fast-and-frugal heuristics approach to probabilistic inference assumes that individuals often employ simple … heuristics to integrate cue information that commonly function in a non-reciprocal fashion. Specifically, the subjective validity …-and-frugal heuristics has been demonstrated (city-size tasks). The results indicate that subjective cue validities are not fixed parameters …
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Introduction: Why cognitive operations? -- Chapter 1: Approaches to cognitive modelling -- Chapter 2: Decisions under risk -- Chapter 3: Strategic interactions -- Chapter 4: Newsvendor problems -- Chapter 5: Decisions under uncertainty -- Chapter 6: Conclusions: The future of cognitive modelling...
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information. We conducted three studies to test the PH empirically by analyzing individual choice patterns, decision times and … not diagnostic for the PH as compared to CPT. -- Decision Strategy ; Fast and Frugal Heuristics ; Bounded Rationality …
Persistent link: https://www.econbiz.de/10003730615