2013
DOI: 10.1002/wcs.1259
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Judgment: a cognitive processing perspective

Abstract: Historically, judgment research has been mainly concerned with identifying regularities in sensation (e.g., discriminability laws) and assessing judgment accuracy. More recently, the focus has shifted toward specifying the information processing mechanisms underlying judgment and modeling them, for example, as cognitive strategies. We contrast this strategy approach with previous prominent research programs on judgment and provide an overview of various process-level accounts that have been proposed in terms o… Show more

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Cited by 20 publications
(17 citation statements)
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“…Humans use heuristics to overcome the bounds of rationality ( Gigerenzer et al, 1999 ). Individual variability in decision strategy use is a central research problems in this area ( Ford et al, 1989 ; Pachur and Bröder, 2013 ) and our study helps to understand the sources of this variability by employing EEG as a fine grained method to analyze the dynamics of pre-decisional information processing and choice. It provides initial evidence that the P3 and N1 ERP components indexing attention allocation are associated with the use of rational and heuristic choice strategies and can be further studied as early correlates of strategy preference.…”
Section: Discussionmentioning
confidence: 99%
“…Humans use heuristics to overcome the bounds of rationality ( Gigerenzer et al, 1999 ). Individual variability in decision strategy use is a central research problems in this area ( Ford et al, 1989 ; Pachur and Bröder, 2013 ) and our study helps to understand the sources of this variability by employing EEG as a fine grained method to analyze the dynamics of pre-decisional information processing and choice. It provides initial evidence that the P3 and N1 ERP components indexing attention allocation are associated with the use of rational and heuristic choice strategies and can be further studied as early correlates of strategy preference.…”
Section: Discussionmentioning
confidence: 99%
“…There is an emerging consensus that people use simple one-cue heuristics under certain circumstances, such as when they are under time pressure or when they have to retrieve information from memory (for an overview, see Pachur & Bröder, 2013). At the same time, additive integration of multiple cues occurs in various judgment domains (e.g., Anderson, 1981Anderson, , 2013.…”
Section: Cue Integration In Judgmentsmentioning
confidence: 99%
“…An alternative theory to cost-benefit analysis (ie, for how judgments are made based on multiple cues) is the process-level cognitive perspective [46]; this has been made famous by the heuristics and biases research program from behavioral economics [47]. Heuristics are rapid cognitive strategies or shortcuts (either explicit or subconscious) formulated as practical, bounded rational decision systems for multiple cues that can be more transparent than complex cost-benefit analyses, for example, hierarchical lexicographic decision models [48].…”
Section: Integration Versus Heuristics: Lay Judgments Based On Multiple Cuesmentioning
confidence: 99%