Limits in decision making arise from limits in memory retrieval

  • Gyslain Giguèrea, Bradley C. Loveb
  • Published 2013

Abstract

Some decisions, such as predicting the winner of a baseball game, are challenging in part because outcomes are probabilistic. When making such decisions, one view is that humans stochastically and selectively retrieve a small set of relevant memories that provides evidence for competing options. We show that optimal performance at test is impossible when… (More)

8 Figures and Tables

Topics

  • Blog articles referencing this paper

  • Presentations referencing similar topics