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{
    "pk": 25633,
    "title": "Modeling choice and search in decisions from experience: A sequential sampling\napproach",
    "subtitle": null,
    "abstract": "In decisions from experience (DFE), people sample from two\nor more lotteries prior to making a consequential choice. Although\nexisting models can account for how sampled experiences\nrelate to choice, they don’t explain decisions about\nhow to search (in particular, when to stop sampling information).\nWe propose that both choice and search behavior in\nthis context can be understood as a sequential sampling process\nwhereby decision makers sequentially accumulate outcome\ninformation from each option to form a preference for\none alternative over the other. We formalize this process in\na new model, Choice from Accumulated Samples of Experience\n(CHASE). The model provides a good account of choice\nbehavior and goes beyond existing models by explaining variations\nin sample size under different task conditions. This\napproach offers a process-level framework for understanding\nhow interactions between the choice environment and properties\nof the decision maker give rise to decisions from experience.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [
        {
            "word": "decisions from experience; sequential sampling;\ndecision field theory"
        }
    ],
    "section": "Papers",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/7qr6z93q",
    "frozenauthors": [
        {
            "first_name": "Douglas",
            "middle_name": "",
            "last_name": "Markant",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Timothy",
            "middle_name": "J",
            "last_name": "Pleskac",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Adele",
            "middle_name": "",
            "last_name": "Diederich",
            "name_suffix": "",
            "institution": "Jacobs University",
            "department": ""
        },
        {
            "first_name": "Thorsten",
            "middle_name": "",
            "last_name": "Pachur",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Ralph",
            "middle_name": "",
            "last_name": "Hertwig",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "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/25633/galley/15257/download/"
        }
    ]
}