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Questions tagged [decision-making]

For questions regarding the cognitive processes which result in the selection of a course of action among several alternative scenarios.

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6 votes
0 answers
258 views

Online datasets for the disjunction effect and violations of the sure-thing principle

The disjunction effect (or violation of the sure-thing principle) is as follows: A dis­junc­tion effect occurs when peo­ple pre­fer x over y when they know that event A obtains, and they also pre­...
Artem Kaznatcheev's user avatar
20 votes
2 answers
2k views

What are popular rationalist responses to Tversky & Shafir?

In the early 90s Tversky & Shafir observed several violations of rationality in human participants, in particular violation of the disjunction effect and sure-thing principle. This has lead to ...
Artem Kaznatcheev's user avatar
25 votes
2 answers
835 views

Performance of a group solving a cognitive task: How does it scale?

Some intellectual, cognitive and perceptual tasks can be solved collaboratively. It is common knowledge that group performance is better than that of each single individual due to exchange of ...
Piotr Migdal's user avatar
  • 2,880
14 votes
2 answers
3k views

Game-theory strategies to overcome holdout problem?

The hold-out problem often occurs in debt-restructuring or in urban development. The hold-out problem is defined where an agent, for example a land developer, must negotiate with many lot owners and ...
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