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Category: Choice Environment

The ecology of competition: A theory of risk–reward environments in adaptive decision making

January 1, 2021 Timothy J. Pleskac, Larissa Conradt, Christina Leuker, and Ralph Hertwig

In many choice environments, risks and rewards—or probabilities and payoffs—seem tightly coupled such that high payoffs only occur with low…

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Posted in: Adaptive Toolbox, Choice Environment, Risk-Reward Filed under: publication

How prior information and police experience impact decisions to shoot

January 1, 2018 David J. Johnson, Joseph Cesario, and Timothy J. Pleskac

Social psychologists have relied on computerized shooting tasks to test whether race influences decisions to shoot. These studies reveal that…

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Posted in: Choice Environment, Evidence Accumulation, Police Shootings, Real World Scenario Filed under: publication

Exploiting risk–reward structures in decision making under uncertainty

Timothy J. Pleskac, Larissa Conradt, Christina Leuker, and Ralph Hertwig

People often have to make decisions under uncertainty—that is, in situations where the probabilities of obtaining a payoff are unknown…

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Posted in: Choice Environment, Risk-Reward, Uncertainty Filed under: publication

Ecologically rational choice and the structure of the environment.

January 1, 2014 Ralph Hertwig, and Timothy J. Pleskac

In life, risk is reward and vice versa. Unfortunately, the big rewards people desire are relatively unlikely to occur. This…

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Posted in: Ambiguity Aversion, Choice Environment, Risk-Reward Filed under: publication

A signal detection analysis of the recognition heuristic

January 1, 2007 Timothy J. Pleskac

The recognition heuristic uses a recognition decision to make an inference about an unknown variable in the world. Theories of…

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Posted in: Choice Environment, Recognition, Signal Detection, Similarity Filed under: publication

Lab News

  • Dr. Pleskac to join panel discussion on Mapping Behavior Around the Virus: Behavioral Scientists Examine Activity Amid COVID-19 Pandemic
  • The ecology of competition: A theory of risk–reward environments in adaptive decision making
  • Dr. Pleskac to give a talk at the Science Matters Brown Bag Lunch and Learn: Tools for Thinking about Risk During the Pandemic
  • Dr. Pleskac joins Living Lab Radio for podcast on Taming Uncertainty
  • Institute for Policy & Social Research 2018-2019 Luncheon
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