Literature DB >> 24441266

Single-process versus multiple-strategy models of decision making: evidence from an information intrusion paradigm.

Anke Söllner1, Arndt Bröder2, Andreas Glöckner3, Tilmann Betsch4.   

Abstract

When decision makers are confronted with different problems and situations, do they use a uniform mechanism as assumed by single-process models (SPMs) or do they choose adaptively from a set of available decision strategies as multiple-strategy models (MSMs) imply? Both frameworks of decision making have gathered a lot of support, but only rarely have they been contrasted with each other. Employing an information intrusion paradigm for multi-attribute decisions from givens, SPM and MSM predictions on information search, decision outcomes, attention, and confidence judgments were derived and tested against each other in two experiments. The results consistently support the SPM view: Participants seemingly using a "take-the-best" (TTB) strategy do not ignore TTB-irrelevant information as MSMs would predict, but adapt the amount of information searched, choose alternative choice options, and show varying confidence judgments contingent on the quality of the "irrelevant" information. The uniformity of these findings underlines the adequacy of the novel information intrusion paradigm and comprehensively promotes the notion of a uniform decision making mechanism as assumed by single-process models.
Copyright © 2013 The Authors. Published by Elsevier B.V. All rights reserved.

Entities:  

Keywords:  2340; Decision making; Decision strategy; Evidence accumulation; Information board; Multiple-strategy models; Single-process models

Mesh:

Year:  2014        PMID: 24441266     DOI: 10.1016/j.actpsy.2013.12.007

Source DB:  PubMed          Journal:  Acta Psychol (Amst)        ISSN: 0001-6918


  2 in total

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Authors:  Sudeep Bhatia
Journal:  Decision (Wash D C )       Date:  2015-07-27

2.  Improving judgment accuracy by sequential adjustment.

Authors:  Shenghua Luan; Lael J Schooler; Jolene H Tan
Journal:  Psychon Bull Rev       Date:  2020-02
  2 in total

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