Hugh Kelley

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We study human learning in a individual choice laboratory task called Orange Juice Futures price forecasting OJF, in which subjects must implicitly learn the coeecients of two independent variables in a stationary linear stochastic process. The 99 subjects each forecast in 480 trials with feedback after each trial. Learning is tracked for each subject by(More)
For many years psychological studies of the learning process have used a simulated medical diagnosis task in which symptom configurations are probabilistically related to diseases. Participants are given a set of symptoms and asked to indicate which disease is present, and feedback is given on each trial. We enrich this standard laboratory task in four(More)
We explore the special outcomes of decision-making through two laboratory-based experiments, one with a homogenous land suitability surface and another with a heterogeneous suitability surface. Subjects make resource allocation decisions on an abstract landscape and are given a monetary incentive to maximize their revenue during the experiment. These(More)
educational use. This includes without limitation use in instruction at your institution, distribution to specific colleagues, and providing a copy to your institution's administrator. All other uses, reproduction and distribution, including without limitation commercial reprints, selling or licensing copies or access, or posting on open internet sites,(More)
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