Literature DB >> 17676553

When one cue is not enough: combining fast and frugal heuristics with compound cue processing.

Rocio Garcia-Retamero1, Ulrich Hoffrage, Anja Dieckmann.   

Abstract

One-reason decision-making heuristics as proposed by Gigerenzer, Todd, and the ABC Research Group (1999) have been shown to perform accurately. However, such strategies cannot deal with compound cues. We propose the Take The Best Configural Cue (TTB-Configural) as a fast and frugal heuristic that processes compound cues. In a series of three experiments, we analysed whether participants used this heuristic when making cue-based inferences on which of two alternatives had a higher criterion value. In two of the experiments, two cues were amalgamated into a valid compound cue by applying the AND or the OR logical rule, respectively. In the third experiment, there was no valid compound cue. Within each experiment, we also manipulated causal mental models through instructions. In the configural causal model, cues were said to act through the same causal mechanism. In the elemental causal model, cues were said to act through different causal mechanisms. In the neutral causal model, the causal mechanism was not specified. When a highly valid compound existed, and participants had a configural causal model, for the majority of them the strategy that could best account for their choices was TTB-Configural. Otherwise, the strategy that best predicted their choices was the Take The Best (TTB) heuristic.

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Year:  2007        PMID: 17676553     DOI: 10.1080/17470210600937528

Source DB:  PubMed          Journal:  Q J Exp Psychol (Hove)        ISSN: 1747-0218            Impact factor:   2.143


  4 in total

1.  Take-the-best in expert-novice decision strategies for residential burglary.

Authors:  Rocio Garcia-Retamero; Mandeep K Dhami
Journal:  Psychon Bull Rev       Date:  2009-02

2.  Does causal knowledge help us be faster and more frugal in our decisions?

Authors:  Rocio Garcia-Retamero; Annika Wallin; Anja Dieckmann
Journal:  Mem Cognit       Date:  2007-09

3.  Natural frequencies improve Bayesian reasoning in simple and complex inference tasks.

Authors:  Ulrich Hoffrage; Stefan Krauss; Laura Martignon; Gerd Gigerenzer
Journal:  Front Psychol       Date:  2015-10-14

4.  Visualizing the Bayesian 2-test case: The effect of tree diagrams on medical decision making.

Authors:  Karin Binder; Stefan Krauss; Georg Bruckmaier; Jörg Marienhagen
Journal:  PLoS One       Date:  2018-03-27       Impact factor: 3.240

  4 in total

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