Cognitive integration of recognition information and additional cues in memory-based decisions
Year: 2014
Type: article
Abstract: Glöckner and Bröder (2011) have shown that for 77.5% of their participants’ decision making behavior in decisions involving recognition information and explicitly provided additional cues could be better described by weighted-compensatory Parallel Constraint Satisfaction (PCS) Models than by non-compensatory strategies such as recognition heuristic (RH) or Take the Best (TTB). We investigate whether this predominance of PCS models also holds in memory-based decisions in which information retrieval is effortful and cognitively demanding. Decision strategies were analyzed using a maximum-likelihood strategy classification method, taking into account choices, response times and confidence ratings simultaneously. In contrast to the memory-based-RH hypothesis, results show that also in memory-based decisions for 62% of the participants behavior is best explained by a compensatory PCS model. There is, however, a slight increase in participants classified as users of the non-compensatory strategies RH and TTB (32%) compared to the previous study, mirroring other studies suggesting effects of costly retrieval.
Source: Judgment and Decision Making
Authors: Andreas Glöckner, Arndt Bröder
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $3,550
OpenAlex ID: W1848259205