Adaptive mechanisms for treating missing information : a simulation study
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
 
ID 167342
Author(s) Garcia-Retamero, Rocio; Rieskamp, Joerg
Author(s) at UniBasel Rieskamp, Jörg
Year 2008
Title Adaptive mechanisms for treating missing information : a simulation study
Journal Psychological record
Volume 58
Number 4
Pages / Article-Number 547-568
Keywords product evaluations; frugal heuristics; decision-making; probabilistic inferences; strategy selection; people learn; knowledge; models; cue; judgments
Abstract

People often make inferences with incomplete information. Previous research has led to a mixed picture of how people treat missing information. To explain these results, the authors follow the Brunswikian perspective on human inference and hypothesize that the mechanism's accuracy for treating missing information depends on how it is distributed in a certain environment. The hypothesis is supported by the results of a simulation study, which also shows that the mechanism for treating missing information has a much stronger impact on overall accuracy than the most accurate inference strategies considered. The conclusion is that how people react to missing information could be an adaptive response to specific environments.

Publisher Psychological Record
ISSN/ISBN 0033-2933
edoc-URL http://edoc.unibas.ch/dok/A5261555
Full Text on edoc No
ISI-Number WOS:000261082700004
Document type (ISI) Article
 
   

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