Separating response variability from structural inconsistency to test models of risky decision making
Individual true and error theory assumes that responses by the same person to the same choice problem within a block of trials are based on the same true preferences but may show preference reversals due to random error. Between blocks, a person{}'s true preferences may differ or stay the same....
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Society for Judgment and Decision Making
2012-07-01
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| Series: | Judgment and Decision Making |
| Subjects: | |
| Online Access: | http://journal.sjdm.org/12/12315/jdm12315.pdf |