{"pk":26142,"title":"Attractivity Weighting: Take-the-Best’s Foolproof Sibling","subtitle":null,"abstract":"We describe a prediction method called “Attractivity\nWeighting” (AW). In the case of cue-based paired\ncomparison tasks, AW predicts a weighted average of the cue\nvalues of the most successful cues. In many situations, AW’s\nprediction is based on the cue value of the most successful\ncue, resulting in behavior similar to Take-the-Best (TTB).\nUnlike TTB, AW has a desirable characteristic called “access\noptimality”: Its long-run success is guaranteed to be at least as\ngreat as the most successful cue. While access optimality is a\ndesirable characteristic, concerns may be raised about the\nshort-term performance of AW. To evaluate such concerns,\nwe here present a study of AW’s short-term performance. The\nresults suggest that there is little reason to worry about the\nshort-run performance of AW. Our study also shows that, in\nrandom sequences of paired comparison tasks, the behavior of\nAW and TTB is nearly indiscernible.","language":"eng","license":{"name":"","short_name":"","text":null,"url":""},"keywords":[{"word":"Bounded Rationality; Ecological Rationality;\nAttractivity Weighting; Take-the-Best; Meta-induction."}],"section":"Papers","is_remote":true,"remote_url":"https://escholarship.org/uc/item/45j8w37c","frozenauthors":[{"first_name":"Paul","middle_name":"D.","last_name":"Thorn","name_suffix":"","institution":"University of Duesseldorf","department":""},{"first_name":"Gerhard","middle_name":"","last_name":"Schurz","name_suffix":"","institution":"University of Duesseldorf","department":""}],"date_submitted":null,"date_accepted":null,"date_published":"2016-01-01T18:00:00Z","render_galley":null,"galleys":[{"label":"PDF","type":"pdf","path":"https://journalpub.escholarship.org/cognitivesciencesociety/article/26142/galley/15778/download/"}]}