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Frey, Renato; Rieskamp, Jörg; Hertwig, Ralph – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2015
In nonmonotonic decision problems, the magnitude of outcomes can both increase and decrease over time depending on the state of the decision problem. These increases and decreases may occur repeatedly and result in a variety of possible outcome distributions. In many previously investigated sequential decision problems, in contrast, outcomes (or…
Descriptors: Risk, Learning Processes, Reinforcement, Decision Making
Netz, Nicolai – Higher Education Policy, 2015
This study examines factors that deter students in Austria, Germany, Switzerland and the Netherlands from studying abroad. Using an adaptation of the Rubicon model of action phases, the path to gaining study abroad experience is conceptualised as a process involving two thresholds: the decision threshold and the realisation threshold. Theoretical…
Descriptors: Foreign Countries, Study Abroad, Models, Regression (Statistics)
Jenny, Mirjam A.; Rieskamp, Jörg; Nilsson, Håkan – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2014
Judging whether multiple events will co-occur is an important aspect of everyday decision making. The underlying probabilities of occurrence are usually unknown and have to be inferred from experience. Using a rigorous, quantitative model comparison, we investigate how people judge the conjunctive probabilities of multiple events to co-occur. In 2…
Descriptors: Experimental Psychology, Decision Making, Probability, Models