Cleotilde Gonzalez

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Accumulation is a fundamental process in dynamic systems: inventory accumulates production less shipments; the national debt accumulates the federal deficit. Effective decision making in such systems requires an understanding of the relationship between stocks and the flows that alter them. However, highly educated people are often unable to infer the(More)
This paper presents a learning theory pertinent to dynamic decision making (DDM) called instancebased learning theory (IBLT). IBLT proposes five learning mechanisms in the context of a decision-making process: instance-based knowledge, recognition-based retrieval, adaptive strategies, necessity-based choice, and feedback updates. IBLT suggests in DDM people(More)
In decisions from experience, there are 2 experimental paradigms: sampling and repeated-choice. In the sampling paradigm, participants sample between 2 options as many times as they want (i.e., the stopping point is variable), observe the outcome with no real consequences each time, and finally select 1 of the 2 options that cause them to earn or lose(More)
Dynamic decision-making (DDM) research grew out of a perceived need for understanding how people control dynamic, complex, real-world systems. DDM has describable characteristics and, with some unavoidable sacrifice of realism, is suitable for study in a laboratory setting through the use of complex computer simulations commonly called ‘microworlds’. This(More)
This study investigated the relationships between cognitive ability (as assessed by the Raven Progressive Matrices Test [RPM] and the Visual-Span Test [VSPAN]) and individuals’ performance in three dynamic decision making (DDM) tasks (i.e., regular Water Purification Plant [WPP], Team WPP, and Firechief). Participants interacted repeatedly with one of the(More)
Research into human decision-making has often sidestepped the question of search despite its importance across a wide range of domains such as search for food, mates, allies, visual targets or information. Recently, research on decisions from experience has made progress in finding out how individual characteristics shape search for information.(More)
This research tests people’s support for the ‘‘wait-and-see’’ approach in climate change due to the uncertainty in both the timing and probability of future consequences. In a laboratory experiment, carbon-tax consequences were presented to participants in one of two forms: a written description, where the probability, consequences, and timing were(More)