DFT-D: a cognitive-dynamical model of dynamic decision making.
The study of decision making has traditionally been dominated by axiomatic utility theories. More recently, an alternative approach, which focuses on the micro-mechanisms of the underlying deliberation process, has been shown to account for several 'paradoxes' in human choice behavior for which simp...
| Publicado en: | Synthese Vol. 189; pp. 67 - 81 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Springer Nature
Dec2012 Supplement
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=83223185&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 83223185 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00397857 4LI jtl: Synthese issn: 00397857 maglogo: N pubinfo: dt: Dec2012 Supplement vid: 189 pid: 237 pub: Springer Nature artinfo: ui: 83223185 10.1007/s11229-012-0157-0 ppf: 67 ppct: 14 formats: fmt: @attributes: type: P size: 339KB tig: atl: DFT-D: a cognitive-dynamical model of dynamic decision making. aug: au: Hotaling, Jared Busemeyer, Jerome affil: Department of Psychological and Brain Sciences, University of Indiana, Bloomington 47405 USA su: Decision making Utility theory Paradox Human behavior Delusions sug: subj: Decision making Utility theory Paradox Human behavior Delusions keyword: Cognitive models Decision trees DFT Dynamic consistency Dynamic decision making Planning Preferential choice Sequential sampling ab: The study of decision making has traditionally been dominated by axiomatic utility theories. More recently, an alternative approach, which focuses on the micro-mechanisms of the underlying deliberation process, has been shown to account for several 'paradoxes' in human choice behavior for which simple utility-based approaches cannot. Decision field theory (DFT) is a cognitive-dynamical model of decision making and preferential choice, built on the fundamental principle that decisions are based on the accumulation of subjective evaluations of choice alternatives until a threshold criterion is met. This article extends the basic DFT framework to the domain of dynamic decision making. DFT-Dynamic is proposed as a new alternative to normative backward induction. Through its attention to the processes underlying planning and deliberation DFT-D provides simple, emergent explanations for violations of choice principles traditionally taken as evidence of irrationality. A recent multi-stage decision making study is used to showcase the model's efficacy for developing cognitive models of individual strategies. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Synthese is a copyright of Springer, 2012. All Rights Reserved. item: Synthese holder: Springer Nature dt: @attributes: year: 2012 holdings: @attributes: islocal: N |
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