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{
    "pk": 25431,
    "title": "Formalizing Risky Choice with a Logistic Model of Fuzzy Trace Theory",
    "subtitle": null,
    "abstract": "We propose a new model of risk preferences that integrates\ntheoretical principles relevant to mental representation,\nmetacognitive monitoring and editing, and individual\ndifferences in risk-taking propensity. Our model is based on\nfuzzy-trace theory, a theory of decision-making under risk.\nThe theory posits that decision-makers use fuzzy gist\nrepresentations of the meaning of decision information, in\nparallel with precise verbatim representations of the exact\nwording of that information. We account for core phenomena\nin decision theory, such as shifts in risk preference when\nlogically equivalent gambles are described in terms of gains\nrather than losses—framing effects—and also extend fuzzytrace\ntheory beyond these phenomena to encompass research\non affect and personality",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [
        {
            "word": "psychology"
        },
        {
            "word": "decision making"
        },
        {
            "word": "Mathematical\nmodeling"
        },
        {
            "word": "Gist"
        }
    ],
    "section": "Papers",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/8xk45809",
    "frozenauthors": [
        {
            "first_name": "David",
            "middle_name": "A",
            "last_name": "Broniatowski",
            "name_suffix": "",
            "institution": "Department of Engineering Management and Systems Engineering",
            "department": ""
        },
        {
            "first_name": "Valerie",
            "middle_name": "F",
            "last_name": "Reyna",
            "name_suffix": "",
            "institution": "Human Neuroscience Institute Cornell University Ithaca",
            "department": ""
        }
    ],
    "date_submitted": null,
    "date_accepted": null,
    "date_published": "2015-01-01T18:00:00Z",
    "render_galley": null,
    "galleys": [
        {
            "label": "PDF",
            "type": "pdf",
            "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/25431/galley/15055/download/"
        }
    ]
}