The DOI matches its Crossref record; 26 of the 26 references it cites were found in a registry or an index.
Loss Aversion and Inhibition in Dynamical Models of Multialternative Choice.
Open accessAbstract
The roles of loss aversion and inhibition among alternatives are examined in models of the similarity, compromise, and attraction effects that arise in choices among 3 alternatives differing on 2 attributes. R. M. Roe, J. R. Busemeyer, and J. T. Townsend (2001) have proposed a linear model in which effects previously attributed to loss aversion (A. Tversky & D. Kahneman, 1991) arise from attention switching between attributes and similarity-dependent inhibitory interactions among alternatives. However, there are several reasons to maintain loss aversion in a theory of choice. In view of this, an alternative theory is proposed, integrating loss aversion and attention switching into a nonlinear model (M. Usher & J. L. McClelland, 2001) that relies on inhibition independent of similarity among alternatives. The model accounts for the 3 effects and makes testable predictions contrasting with those of the Roe et al. (2001) model.
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Cites
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Ratcliff, R., Smith, P. L., Brown, S. D., & McKoon, G. (2016) · Trends in Cognitive Sciences · doi:10.1016/j.tics.2016.01.007 · Cited by 1,630
“Recent studies have examined models for multialternative decision making that use diffusion processes [24,41,72,79,80,181–189] and a number of algorithms have been used: (i) Independent racing accumulators with termination when one reaches its decision criterion.”
MethodMindful Judgment and Decision Making
Weber, E. U., & Johnson, E. J. (2009) · Annual Review of Psychology · doi:10.1146/annurev.psych.60.110707.163633 · Cited by 745
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Pleskac, T. J., & Busemeyer, J. R. (2010) · Psychological Review · doi:10.1037/a0019737 · Cited by 722
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Bogacz, R. (2007) · Trends in Cognitive Sciences · doi:10.1016/j.tics.2006.12.006 · Cited by 379
Metadata
- Authors
- Usher, M., & McClelland, J. L.
- Venue
- Psychological Review
- Published
- 2004
- Volume
- 111
- Issue
- 3
- Pages
- 757-769
- ISSN
- 0033-295X (ISSN-L)
- 1939-1471
- OpenAlex
- W15250782
- Cited by
- 403
- References
- 26
- FWCI
- 4.50
- Type
- journal article
- Language
- en
- Open access
- green
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