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EPSY L 17 Decision Making Choice of Action
Exam 2 Review
14
Other
Undergraduate 1
12/07/2015

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Cards

Term
What is the benefit of Heuristics in Decision Making versus Normative Model?
Definition
They reduce cognitive costs. Sastisficing/Elimination by aspects involves eliminating low options on most important dimension, then consider the next dimension
Term
What is the Expected Value Model of Normative Approach to Decision Making? Why don't people always follow a Normative Model?
Definition
Choose among options with different values for hypos varying in probability

 

Optimum choice: Maximize expected value by choosing option with largest Sum (Prob X Value)

Hard to assign values to outcomes 
    (safety)
 -Subjective values don’t = objective
      values…
 -Subjective probabilities don’t = objective
    probabilities…
 
Term
Why was the Expected Utility Model created instead of Expected Value Model?
Definition

Utility not linearly related to value

Diminishing returns of changes in value for utility

Loss perceived as more costly than same gain

 

Term
How do people estimate small and large probabilities?
Definition

People overestimate small probabilities.

 

People underestimate large probabilities.

Term

What are Framing Effects?

What are the implications of this in terms of risk?

Definition

The same information presented in different forms can lead to different actions

Choices involving gains (lives saved) are usually risk averse.

*  Choices involving losses (lives lost) are usually risk taking.

 
Term

In terms of Framing effects in Warnings, if you think of adherence as a sure loss and nonadherence as only possible loss, what will happen?

If you think of adherence as a gain and nonadherence as a only a possible gain, what will happen?

What does this imply in terms of how to fram a warning?

Definition

1.You’ll go with the riskier alternative (nonadherence)

2.You’ll go with the riskier alternative (nonadherence)

3. don't just emphasize potential costs of nonadherence but also benefits of adherence

 
Term
What is Naturalistic Decision Making?
Definition

Deals with experienced decision makers working in complex, 

uncertain environments

  Decision makers face personal consequences for their actions

  Describes rather than prescribes how decisions are made

  Addresses situation awareness and problem solving 

as part of the decision making process.

 
Term
What are the important predictions of Recognition Primed Decision Model?
Definition

Decision makers use experience to generate a plausible option as the first one they consider (direct retrieval)

2. TIme pressure does not decrease performance for those who have considerable expertise, they use pattern-matching

3. Experienced decision makers can pick course of action wihtout comparing and contrasting possible courses of aciton

 

Term
Describe Type 1 of Dual Process Theory
Definition

Intuitive, fast, unconscious, automatic, 

emotion-driven (“snap judgment”)

 Rapid processes that make sense of information …  

similar to preattentive processing in visual attention

 DM:  RPD; heuristics

 
Term
Describe Type 2 of Dual Process Theory
Definition

Analytical/deliberate, slow, conscious, effortful/controlled

Processes that review/integrate info in terms of goals…

similar to effortful search in attention; executive function

DM:  Normative models; some IP models

 

(expected utility model)

Term
What is a way to improve decision making
Definition

Immediate, relevant (not selective) and focused feedback

about all important aspects of the decision making process ....

and its outcomes!   

Term
How can display/automation help in cue estimation and integration?
Definition

1. Cue estimation and integration (proximity compatibility principle!!)

Reduce need to mentally compute parameters (e.g., proportions, variance, etc)

 

 

Term
How can display/automation help with situation/revise hypothesis?
Definition

(reduce WM demands)

Automate process of updating prior odds

Reduce tendency to sequentially process (anchoring/recency effects)

Present disconfirming as well as confirming evidence (confirmation bias)

 
Term
How can display/automation help with Choice of Action?
Definition

Choice of action

Automated advice about potential course of action. But

User overtrust of aidloss of situation awareness;

User undertrustnonuse of aids

 

Alternatively, can “turn the table”, so that the aid critiques users’ choice of action (Interactive critiquing as a form of decision support for blood typing technicians; Guerlain et al., 1999)

 
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