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Integrating Compensatory and Noncompensatory Decision-Making Strategies in Dynamic Task Environments

Ling Rothrock () and Jing Yin ()
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Ling Rothrock: Pennsylvania State University
Jing Yin: Pennsylvania State University

A chapter in Decision Modeling and Behavior in Complex and Uncertain Environments, 2008, pp 125-141 from Springer

Abstract: This chapter summarizes the ongoing work to analyze compensatory and noncompensatory decision-making behaviors using a common framework known as Brunswik's lens model. The authors begin with a survey of existing work in modeling compensatory decision-making behavior using the lens model and an overview of initial forays into noncompensatory modeling. An example is provided of an instance in which both compensatory and noncompensatory decision making may occur in the same task under different circumstances. Formulations of the lens models to account for both types of decision behaviors are then discussed followed by speculations on a consolidated framework to incorporate both models.

Keywords: Human Judgment; Disjunctive Normal Form; Decision Behavior; Human Decision Process; Lens Model (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spochp:978-0-387-77131-1_6

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DOI: 10.1007/978-0-387-77131-1_6

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