Sub-optimal reasons for rejecting optimality

Citation
Dr. Shanks et D. Lagnado, Sub-optimal reasons for rejecting optimality, BEHAV BRAIN, 23(5), 2000, pp. 761
Citations number
15
Categorie Soggetti
Psycology,"Neurosciences & Behavoir
Journal title
BEHAVIORAL AND BRAIN SCIENCES
ISSN journal
0140525X → ACNP
Volume
23
Issue
5
Year of publication
2000
Database
ISI
SICI code
0140-525X(200010)23:5<761:SRFRO>2.0.ZU;2-K
Abstract
Although we welcome Gigereuzer, Todd, and the ABC Research Group's shift of emphasis from "coherence" to "correspondence" criteria, their rejection of optimality in human decision making is premature: In many, situations, exp erts can achieve near-optimal performance. Moreover, this competence does n ot require implausible computing power. The models Gigerenzer et al. evalua te fail to account for many of the most robust properties of human decision making, including examples of optimality.