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Theoretical Models of Choice and Strategy Behavior: Stable State Behavior in The Two-Choice Uncertain Outcome Situation
Oleh:
Siegel, Sidney
Jenis:
Article from Journal - e-Journal
Dalam koleksi:
Psychometrika: A Journal of Quantitative Psychology vol. 24 no. 4 (Dec. 1959)
,
page 303-316.
Topik:
The Controversy Between Two Theoretical Approaches to Choice Behavior
;
A Decision-Making Approach
;
Alternative Utility Models of Choice Behavior
;
Relevant Experimental Evidence
Fulltext:
2404_1004.pdf
(646.62KB)
Isi artikel
A theoretical approach to the understanding of human behavior in uncertain outcome situations is suggested, an approach which draws upon utility theory, decision-making theory, and statistical association theory. Experimental evidence supporting this approach as opposed to alternative approaches is summarized. Three different formalizations are presented, and a variety of experimental tests is suggested.
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