In many choice environments, risks and rewards—or probabilities and payoffs—seem tightly coupled such that high payoffs only occur with low…
An examination of the cognitive tools that the mind uses to grapple with uncertainty in the real world. How do…
Social psychologists have relied on computerized shooting tasks to test whether race influences decisions to shoot. These studies reveal that…
People often have to make decisions under uncertainty—that is, in situations where the probabilities of obtaining a payoff are unknown…
Decision-making relies on a process of evidence accumulation which generates support for possible hypotheses. Models of this process derived from…
Most cognitive theories assume that confidence and choice happen simultaneously and are based on the same information. The 3 studies…
In many everyday decisions, people quickly integrate noisy samples of information to form a preference among alternatives that offer uncertain…
In life, risk is reward and vice versa. Unfortunately, the big rewards people desire are relatively unlikely to occur. This…
Psychological theories of subjective probability judgments assume that accumulated evidence (support) mediates the relation between the description of a to-be-judged…
Many students during their college careers consider withdrawing from their respective college or university. Understanding why some students decide to…