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Rae, Babette; Heathcote, Andrew; Donkin, Chris; Averell, Lee; Brown, Scott – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2014
Decision-makers effortlessly balance the need for urgency against the need for caution. Theoretical and neurophysiological accounts have explained this tradeoff solely in terms of the "quantity" of evidence required to trigger a decision (the "threshold"). This explanation has also been used as a benchmark test for evaluating…
Descriptors: Decision Making Skills, Reaction Time, Evidence, Accuracy