Systems Research and Behavioral Science · 1980 · 241 citations · 11 references
BusinessBehavioral SciencesPsychologyDecision AnalysisDecision MakingDecision TheoryAnimal Decision-makingBehavioral Decision-makingChoice BehaviorDecision Under UncertaintyDecision-making ModelsDecision-making Under UncertaintyDecision RulesDecision-making HeuristicsDecision-making TheoryHeuristicsHeuristics In Decision MakingProbability HeuristicsSimplified Decision Rules
The study investigates how organisms make decisions at the organism level. The authors simulated ten simple decision heuristics as computer subroutines across randomly generated decision scenarios with varying numbers of alternatives and outcomes to assess their selection of highest‑ or lowest‑expected‑value options. The results show that most heuristics, including probability‑ignoring ones, consistently select the highest‑expected‑value alternatives and almost never choose the lowest, supporting motivational explanations over cognitive ones.
This article examines decision making in living systems at the level of the organism. Ten simple decision rules, or heuristics, were implemented as computer subroutines in a simulation program designed to determine how often each would select alternatives with highest-through-lowest expected value in a series of randomly generated decision situations. The decision situations varied in their number of alternatives (2, 4, or 8) and outcomes (2, 4, or 8). Results indicated that most of the heuristics, including some which "ignored" probability information, regularly selected alternatives with highest expected value, and almost never selected alternatives with lowest expected value. Implications of this finding for motivational explanations of heuristic use—as opposed to the more popular cognitive explanations—are discussed.
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Judgment under Uncertainty: Heuristics and Biases
Amos Tversky, Daniel Kahneman · Science · 1974 · 28K citations
Elimination by aspects: A theory of choice.
Amos Tversky · Psychological Review · 1972 · 3.4K citations
Allen Parducci, Harry Helson · The American Journal of Psychology · 1965 · 2.5K citations
Intransitivity of preferences.
Amos Tversky · Psychological Review · 1969 · 2.2K citations
Linear models in decision making.
Robyn M. Dawes, Bernard M. Corrigan · Psychological Bulletin · 1974 · 1.9K citations