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Multialternative decision by sampling : a model of decision making constrained by process data
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Noguchi, Takao and Stewart, Neil (2018) Multialternative decision by sampling : a model of decision making constrained by process data. Psychological Review, 125 (4). pp. 512-544. doi:10.1037/rev0000102
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Official URL: https://doi.org/10.1037/rev0000102
Abstract
Sequential sampling of evidence, or evidence accumulation, has been implemented in a variety of models to explain a range of multialternative choice phenomena. But the existing models do not agree on what, exactly, the evidence is that is accumulated. They also do not agree on how this evidence is accumulated. In this article, we use findings from process-tracing studies to constrain the evidence accumulation process. With these constraints, we extend the decision by sampling model and propose the multialternative decision by sampling (MDbS) model. In MDbS, the evidence accumulated is outcomes of pairwise ordinal comparisons between attribute values. MDbS provides a quantitative account of the attraction, compromise, and similarity effects equal to that of other models, and captures a wider range of empirical phenomena than other models.
| Item Type: | Journal Article | |||||||||||||||
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| Subjects: | B Philosophy. Psychology. Religion > BF Psychology | |||||||||||||||
| Divisions: | Faculty of Social Sciences > Warwick Business School | |||||||||||||||
| Library of Congress Subject Headings (LCSH): | Decision making -- Psychological aspects -- Mathematical models | |||||||||||||||
| Journal or Publication Title: | Psychological Review | |||||||||||||||
| Publisher: | American Psychological Association | |||||||||||||||
| ISSN: | 1939-1471 | |||||||||||||||
| Official Date: | July 2018 | |||||||||||||||
| Dates: |
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| Volume: | 125 | |||||||||||||||
| Number: | 4 | |||||||||||||||
| Page Range: | pp. 512-544 | |||||||||||||||
| DOI: | 10.1037/rev0000102 | |||||||||||||||
| Status: | Peer Reviewed | |||||||||||||||
| Publication Status: | Published | |||||||||||||||
| Access rights to Published version: | Open Access | |||||||||||||||
| RIOXX Funder/Project Grant: |
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