Literature DB >> 20705550

Parallel constraint satisfaction in memory-based decisions.

Andreas Glöckner1, Sara D Hodges.   

Abstract

Three studies sought to investigate decision strategies in memory-based decisions and to test the predictions of the parallel constraint satisfaction (PCS) model for decision making (Glöckner & Betsch, 2008). Time pressure was manipulated and the model was compared against simple heuristics (take the best and equal weight) and a weighted additive strategy. From PCS we predicted that fast intuitive decision making is based on compensatory information integration and that decision time increases and confidence decreases with increasing inconsistency in the decision task. In line with these predictions we observed a predominant usage of compensatory strategies under all time-pressure conditions and even with decision times as short as 1.7 s. For a substantial number of participants, choices and decision times were best explained by PCS, but there was also evidence for use of simple heuristics. The time-pressure manipulation did not significantly affect decision strategies. Overall, the results highlight intuitive, automatic processes in decision making and support the idea that human information-processing capabilities are less severely bounded than often assumed.

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Mesh:

Year:  2011        PMID: 20705550     DOI: 10.1027/1618-3169/a000084

Source DB:  PubMed          Journal:  Exp Psychol        ISSN: 1618-3169


  3 in total

1.  Most people do not ignore salient invalid cues in memory-based decisions.

Authors:  Christine Platzer; Arndt Bröder
Journal:  Psychon Bull Rev       Date:  2012-08

2.  Conscious and unconscious thought in risky choice: testing the capacity principle and the appropriate weighting principle of unconscious thought theory.

Authors:  Nathaniel J S Ashby; Andreas Glöckner; Stephan Dickert
Journal:  Front Psychol       Date:  2011-10-10

3.  Generalized outcome-based strategy classification: comparing deterministic and probabilistic choice models.

Authors:  Benjamin E Hilbig; Morten Moshagen
Journal:  Psychon Bull Rev       Date:  2014-12
  3 in total

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