Probability Matching in Choice under Uncertainty: Intuition versus Deliberation

Autor/inn/en	Koehler, Derek J.; James, Greta
Titel	Probability Matching in Choice under Uncertainty: Intuition versus Deliberation
Quelle	In: Cognition, 113 (2009) 1, S.123-127 (5 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0010-0277
DOI	10.1016/j.cognition.2009.07.003
Schlagwörter	Intuition; Evaluative Thinking; Probability; Decision Making Skills; Adjustment (to Environment); Strategic Planning; Selection + Suchen Sie Ihr Suchwort? Wahrscheinlichkeitsrechnung; Wahrscheinlichkeitstheorie; Strategy; Planning; Strategie; Planung; Auslese
Abstract	Gaissmaier and Schooler (2008) [Gaissmaier, W., & Schooler, L. J. (2008). "The smart potential behind probability matching." "Cognition, 109," 416-422] argue that probability matching, which has traditionally been viewed as a decision making error, may instead reflect an adaptive response to environments in which outcomes potentially follow predictable patterns. In choices involving monetary stakes, we find that probability matching persists even when it is not possible to identify or exploit outcome patterns and that many "probability matchers" rate an alternative strategy (maximizing) as superior when it is described to them. Probability matching appears to reflect a mistaken intuition that can be, but often is not, overridden by deliberate consideration of alternative choice strategies. (Contains 1 figure.) (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10