Cited by 63Decision-Making and Behavioral EconomicsExperimental Behavioral Economics StudiesNeural and Behavioral Psychology Studies

Probability matching: Encouraging optimal responding in humans.

Fantino, Edmund, Esfandiari, Ali·2002·Canadian Journal of Experimental Psychology / Revue canadienne de psychologie expérimentale

Abstract

Two hundred undergraduate students participated in a repeated-trials binary choice procedure in which choice of one outcome was correct on 75% of trials. Subjects received 192 trials and were divided into five conditions: (1) control; (2) subjects were given the actual probabilities; (3) subjects were told if they did well they could leave early; (4) competition condition; (5) midway through the task subjects were asked to recommend a strategy for another subject. Half of the subjects in each group were told that the best they could do was to be correct on 75% of the trials. This manipulation permitted assessment of the hypothesis that subjects in probability-matching tasks are seeking a strategy that will be correct on 100% of the trials. The results partially confirmed this hypothesis. In addition, two of the variables improved performance significantly (giving probabilities and asking subjects to recommend a strategy). However, while subjects in all groups improved significantly over trials, optimal choice did not occur in this task.

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Crossref · 10.1037/h0087385

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Authors
Fantino, E., & Esfandiari, A.
Affiliations
University of California San Diego (US)
Venue
Canadian Journal of Experimental Psychology / Revue canadienne de psychologie expérimentale
Published
2002-03
Volume
56
Issue
1
Pages
58-63
ISSN
  • 1196-1961 (ISSN-L)
  • 1878-7290
OpenAlex
W2076510226
Cited by
63
References
0
Citations by year
2026: 1 · 2025: 3 · 2023: 4 · 2022: 4 · 2021: 1 · 2020: 1 · 2018: 1 · 2017: 3 · 2016: 2 · 2015: 4 · 2014: 2 · 2013: 6 · 2012: 6
FWCI
1.35
Type
journal article
Language
en
Open access
closed
Locations
  • Canadian Journal of Experimental Psychology/Revue canadienne de psychologie expérimentale (publishedVersion)
  • PubMed (publishedVersion)
Funders
National Institute of Mental Health (R01MH057127, MH 57127)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Safety Research › Experimental Behavioral Economics Studies
  • Life Sciences › Neuroscience › Cognitive Neuroscience › Neural and Behavioral Psychology Studies
Keywords
probability matching, binary choice, competition, strategy recommendations, performance improvement, experiential learning, decision-making
MeSH terms
Adult, Attention, Competitive Behavior, Female, Humans, Male, Motivation, Probability Learning, Psychomotor Performance

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