Take The Best (TTB) is a fast and frugal heuristic for paired comparison that has been proposed as a model of bounded rationality. This heuristic does not take compound cues into account to predict the criterion. However, causal knowledge about the relationship between a criterion and several cues may suggest that processing cues as configurations could be adaptive in a certain environment. In a series of simulations, we show that an extension of TTB, namely TTB-Configural, outperforms both the more frugal TTB and a more demanding benchmark. Moreover, we review empirical evidence that people process cues as configurations when equipped with the corresponding knowledge about the causal structure
Heuristics embodying limited information search and noncompensatory processing of information can yi...
Conjoint experiments are usually based on the assumption that respondents consider all attributes va...
Much research on judgment and decision making has focussed on the adequacy of classical rationality ...
Take The Best (TTB) is a fast and frugal heuristic for paired comparison that has been proposed as a...
Take-the-best (TTB) is a fast and frugal heuristic for paired comparison that has been proposed as a...
One-reason decision-making heuristics as proposed by Gigerenzer, Todd, and the ABC Research Group (1...
This commentary questions the claim that Take-The-Best provides a cognitively more plausible account...
This paper studies the so-called Take the Best (TTB) and the other two related heuristics which are ...
The effectiveness of decision rules depends on characteristics of both rules and environments. A the...
Fast and frugal heuristics are well studied models of bounded rational-ity. Psychological research h...
Decision strategies explain how people integrate multiple sources of information to make probabilist...
Aspects of an experimental environment were manipulated in 3 experiments to examine the parameters u...
We study three heuristics for paired comparisons based on binary cues, which are all naïve in that t...
Making decisions can be hard, but it can also be facilitated. Simple heuristics are fast and frugal ...
Heuristics embodying limited information search and noncompensatory processing of information can yi...
Heuristics embodying limited information search and noncompensatory processing of information can yi...
Conjoint experiments are usually based on the assumption that respondents consider all attributes va...
Much research on judgment and decision making has focussed on the adequacy of classical rationality ...
Take The Best (TTB) is a fast and frugal heuristic for paired comparison that has been proposed as a...
Take-the-best (TTB) is a fast and frugal heuristic for paired comparison that has been proposed as a...
One-reason decision-making heuristics as proposed by Gigerenzer, Todd, and the ABC Research Group (1...
This commentary questions the claim that Take-The-Best provides a cognitively more plausible account...
This paper studies the so-called Take the Best (TTB) and the other two related heuristics which are ...
The effectiveness of decision rules depends on characteristics of both rules and environments. A the...
Fast and frugal heuristics are well studied models of bounded rational-ity. Psychological research h...
Decision strategies explain how people integrate multiple sources of information to make probabilist...
Aspects of an experimental environment were manipulated in 3 experiments to examine the parameters u...
We study three heuristics for paired comparisons based on binary cues, which are all naïve in that t...
Making decisions can be hard, but it can also be facilitated. Simple heuristics are fast and frugal ...
Heuristics embodying limited information search and noncompensatory processing of information can yi...
Heuristics embodying limited information search and noncompensatory processing of information can yi...
Conjoint experiments are usually based on the assumption that respondents consider all attributes va...
Much research on judgment and decision making has focussed on the adequacy of classical rationality ...