Multialternative decision field theory: A dynamic connectionist model of decision making

Citation
Rm. Roe et al., Multialternative decision field theory: A dynamic connectionist model of decision making, PSYCHOL REV, 108(2), 2001, pp. 370-392
Citations number
83
Categorie Soggetti
Psycology,"Neurosciences & Behavoir
Journal title
PSYCHOLOGICAL REVIEW
ISSN journal
0033295X → ACNP
Volume
108
Issue
2
Year of publication
2001
Pages
370 - 392
Database
ISI
SICI code
0033-295X(200104)108:2<370:MDFTAD>2.0.ZU;2-Y
Abstract
The authors interpret decision field theory (J. R. Busemeyer & J. T. Townse nd, 1993) as a connectionist network and extend it to accommodate multialte rnative preferential choice situations. This article shows that the classic weighted additive utility model (see R. L. Keeney & H. Raiffa, 1976) and t he classic Thurstone preferential choice model (see L. L. Thurstone, 1959) are special cases of this new multialternative decision field theory (MDFT) . which also can emulate the search process of the popular elimination by a spects (EBA) model (see A. Tversky, 1969). The new theory is unique in its ability to explain several central empirical results found in the multialte rnative preference literature with a common set of principles. These empiri cal results include the similarity effect, the attraction effect. and the c ompromise effect, and the complex interactions among these three effects. T he dynamic nature of the model also implies strong testable predictions con cerning the moderating effect of time pressure on these three effects.