Beyond risk preferences in sequential decision-making
How probability representation, sequential structure and choice perseverance bias optimal search
Bibliographic Data
| ID | 21306758 |
|---|---|
| Authors | Christiane Baumann (0000-0003-4416-2979, Harvard University, corresponding author), René Schlegelmilch (0000-0003-0285-5291, University of Bremen), Bettina von Helversen (0000-0003-2004-6922, Hochschule Bremen) |
| Year | 2025 |
| Volume | 254 |
| Pages | 106001 |
| Publication date | 2025-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Cognition (JOURNAL) |
| Journal identifiers | ISSN: 0010-0277 • E-ISSN: 1873-7838 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.cognition.2024.106001 |
| PMID | 39520935 |
| OpenAlex | W4404162723 |
| Language | EN |
| References cited | 76 |
Cognition · Cognitive bias · Cognitive psychology · Preference · Representation (politics) · Statistics · Decision-Making and Behavioral Economics · Economic and Environmental Valuation · Forecasting Techniques and Applications · Psychology · Social Psychology
Eliciting risk preferences
Psychology of Habit
Emmeans
The description–experience gap in risky choice
Decision by sampling
Risk preference shares the psychometric structure of major psychological traits
Insensitivity to future consequences following damage to human prefrontal cortex
Affective and deliberative processes in risky choice
Weighing risk and uncertainty.
An Introduction to Mixed Models for Experimental Psychology
Exploration versus exploitation in space, mind, and society
Predicting Risk Sensitivity in Humans and Lower Animals
Risk Aversion and Incentive Effects
Risk, Ambiguity, and the Savage Axioms
Rare and extreme outcomes in risky choice
Choices, values, and frames
Similar processes despite divergent behavior in two commonly used measures of risky decision making
Small feedback‐based decisions and their limited correspondence to description‐based decisions
Data Collection in a Flat World
Future‐biased search
Valuation and estimation from experience
Individual differences in exploring versus exploiting and links to delay discounting
Experimental studies of sequential selection and assignment with relative ranks
Optimal stopping behavior with relative ranks
Measuring Individual Risk Attitudes when Preferences are Imprecise
Sources of suboptimality in a minimalistic explore-exploit task
Five factors that guide attention in visual search
The risk elicitation puzzle
| Highly cited | No |
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