Loading…
Making Trade-Offs: A Probabilistic and Context-Sensitive Model of Choice Behavior
The stochastic difference model assumes that decision makers trade normalized attribute value differences when making choices. The model is stochastic, with choice probabilities depending on the normalized difference variable, d, and a decision threshold, δ. The decision threshold indexes a person&#...
Saved in:
| Published in: | Psychological review 2002-01, Vol.109 (1), p.137-155 |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Subjects: | |
| Citations: | Items that this one cites Items that cite this one |
| Online Access: | Get full text |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| cited_by | cdi_FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3 |
|---|---|
| cites | cdi_FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3 |
| container_end_page | 155 |
| container_issue | 1 |
| container_start_page | 137 |
| container_title | Psychological review |
| container_volume | 109 |
| creator | González-Vallejo, Claudia |
| description | The stochastic difference model assumes that decision makers trade
normalized attribute value differences when making choices. The model is
stochastic, with choice probabilities depending on the normalized
difference variable,
d,
and a decision
threshold, δ. The decision threshold indexes a person's
sensitivity to attribute value differences and is a free estimated parameter of
the model. Depending on the choice context, a person may be more
or less sensitive to attribute value differences, and hence δ may be
used to measure context effects. With proportional difference used as
the normalization, the proportional difference model (PD) was
tested with 9 data sets, including published data
(e.g.,
J.
L. Myers, M. M. Suydam, & B.
Gambino, 1965
;
A.
Tversky, 1969
). The model accounted for individual
and group data well and described violations of stochastic dominance,
independence, and weak and strong stochastic transitivity. |
| doi_str_mv | 10.1037/0033-295X.109.1.137 |
| format | article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_71477667</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>614365766</sourcerecordid><originalsourceid>FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3</originalsourceid><addsrcrecordid>eNqFkE1LAzEQhoMotlYPngURQW9bMzv52Byl-AWVXip4C9PdrGzddmvSCv33pnSx4kHnEgaeecP7MHYGvA8c9Q3niElq5GtcTR_6gHqPdcGgSUBo2Gfdb6LDjkKY8jhgzCHrAGQKOcouO32m92r-djH2VLhkVJbhmB2UVAd30r499nJ_Nx48JsPRw9PgdpiQBLVMCuS5MEDAtQBMnTYpIYqcc6PSjChDKbQyqiAyqM1EFJnQhpOSjpcZEvbY9TZ34ZuPlQtLO6tC7uqa5q5ZBatjCa2U_hfEDA3GYhG8_AVOm5WfxxJWgUAlY9xfUAoijcMhQriFct-E4F1pF76akV9b4HYj327U2o3auBoLNsqPV-dt9Goyc8XuprUdgasWoJBTXXqa51XYcSi51NLsOFqQXYR1Tn5Z5bUL1rvPHx9-AYxdkwc</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>614365766</pqid></control><display><type>article</type><title>Making Trade-Offs: A Probabilistic and Context-Sensitive Model of Choice Behavior</title><source>EBSCO_PsycARTICLES</source><source>International Bibliography of the Social Sciences (IBSS)</source><creator>González-Vallejo, Claudia</creator><creatorcontrib>González-Vallejo, Claudia</creatorcontrib><description>The stochastic difference model assumes that decision makers trade
normalized attribute value differences when making choices. The model is
stochastic, with choice probabilities depending on the normalized
difference variable,
d,
and a decision
threshold, δ. The decision threshold indexes a person's
sensitivity to attribute value differences and is a free estimated parameter of
the model. Depending on the choice context, a person may be more
or less sensitive to attribute value differences, and hence δ may be
used to measure context effects. With proportional difference used as
the normalization, the proportional difference model (PD) was
tested with 9 data sets, including published data
(e.g.,
J.
L. Myers, M. M. Suydam, & B.
Gambino, 1965
;
A.
Tversky, 1969
). The model accounted for individual
and group data well and described violations of stochastic dominance,
independence, and weak and strong stochastic transitivity.</description><identifier>ISSN: 0033-295X</identifier><identifier>EISSN: 1939-1471</identifier><identifier>DOI: 10.1037/0033-295X.109.1.137</identifier><identifier>PMID: 11863035</identifier><identifier>CODEN: PSRVAX</identifier><language>eng</language><publisher>Washington, DC: American Psychological Association</publisher><subject>Behavior ; Biological and medical sciences ; Choice Behavior ; Cognition. Intelligence ; Cognitive Processes ; Contextual Associations ; Decision Making ; Decision making. Choice ; Fundamental and applied biological sciences. Psychology ; Group behaviour ; Human ; Human behaviour ; Humans ; Independence ; Individuals ; Mental Processes ; Models, Psychological ; Probability ; Psychology ; Psychology. Psychoanalysis. Psychiatry ; Psychology. Psychophysiology ; Stochastic Modeling ; Stochastic models</subject><ispartof>Psychological review, 2002-01, Vol.109 (1), p.137-155</ispartof><rights>2002 American Psychological Association</rights><rights>2002 INIST-CNRS</rights><rights>Copyright American Psychological Association Jan 2002</rights><rights>2002, American Psychological Association</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3</citedby><cites>FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,4024,27923,27924,27925,33223,33224</link.rule.ids><backlink>$$Uhttp://pascal-francis.inist.fr/vibad/index.php?action=getRecordDetail&idt=13505759$$DView record in Pascal Francis$$Hfree_for_read</backlink><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/11863035$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>González-Vallejo, Claudia</creatorcontrib><title>Making Trade-Offs: A Probabilistic and Context-Sensitive Model of Choice Behavior</title><title>Psychological review</title><addtitle>Psychol Rev</addtitle><description>The stochastic difference model assumes that decision makers trade
normalized attribute value differences when making choices. The model is
stochastic, with choice probabilities depending on the normalized
difference variable,
d,
and a decision
threshold, δ. The decision threshold indexes a person's
sensitivity to attribute value differences and is a free estimated parameter of
the model. Depending on the choice context, a person may be more
or less sensitive to attribute value differences, and hence δ may be
used to measure context effects. With proportional difference used as
the normalization, the proportional difference model (PD) was
tested with 9 data sets, including published data
(e.g.,
J.
L. Myers, M. M. Suydam, & B.
Gambino, 1965
;
A.
Tversky, 1969
). The model accounted for individual
and group data well and described violations of stochastic dominance,
independence, and weak and strong stochastic transitivity.</description><subject>Behavior</subject><subject>Biological and medical sciences</subject><subject>Choice Behavior</subject><subject>Cognition. Intelligence</subject><subject>Cognitive Processes</subject><subject>Contextual Associations</subject><subject>Decision Making</subject><subject>Decision making. Choice</subject><subject>Fundamental and applied biological sciences. Psychology</subject><subject>Group behaviour</subject><subject>Human</subject><subject>Human behaviour</subject><subject>Humans</subject><subject>Independence</subject><subject>Individuals</subject><subject>Mental Processes</subject><subject>Models, Psychological</subject><subject>Probability</subject><subject>Psychology</subject><subject>Psychology. Psychoanalysis. Psychiatry</subject><subject>Psychology. Psychophysiology</subject><subject>Stochastic Modeling</subject><subject>Stochastic models</subject><issn>0033-295X</issn><issn>1939-1471</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2002</creationdate><recordtype>article</recordtype><sourceid>8BJ</sourceid><recordid>eNqFkE1LAzEQhoMotlYPngURQW9bMzv52Byl-AWVXip4C9PdrGzddmvSCv33pnSx4kHnEgaeecP7MHYGvA8c9Q3niElq5GtcTR_6gHqPdcGgSUBo2Gfdb6LDjkKY8jhgzCHrAGQKOcouO32m92r-djH2VLhkVJbhmB2UVAd30r499nJ_Nx48JsPRw9PgdpiQBLVMCuS5MEDAtQBMnTYpIYqcc6PSjChDKbQyqiAyqM1EFJnQhpOSjpcZEvbY9TZ34ZuPlQtLO6tC7uqa5q5ZBatjCa2U_hfEDA3GYhG8_AVOm5WfxxJWgUAlY9xfUAoijcMhQriFct-E4F1pF76akV9b4HYj327U2o3auBoLNsqPV-dt9Goyc8XuprUdgasWoJBTXXqa51XYcSi51NLsOFqQXYR1Tn5Z5bUL1rvPHx9-AYxdkwc</recordid><startdate>200201</startdate><enddate>200201</enddate><creator>González-Vallejo, Claudia</creator><general>American Psychological Association</general><scope>IQODW</scope><scope>CGR</scope><scope>CUY</scope><scope>CVF</scope><scope>ECM</scope><scope>EIF</scope><scope>NPM</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><scope>7RZ</scope><scope>PSYQQ</scope><scope>7X8</scope></search><sort><creationdate>200201</creationdate><title>Making Trade-Offs</title><author>González-Vallejo, Claudia</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2002</creationdate><topic>Behavior</topic><topic>Biological and medical sciences</topic><topic>Choice Behavior</topic><topic>Cognition. Intelligence</topic><topic>Cognitive Processes</topic><topic>Contextual Associations</topic><topic>Decision Making</topic><topic>Decision making. Choice</topic><topic>Fundamental and applied biological sciences. Psychology</topic><topic>Group behaviour</topic><topic>Human</topic><topic>Human behaviour</topic><topic>Humans</topic><topic>Independence</topic><topic>Individuals</topic><topic>Mental Processes</topic><topic>Models, Psychological</topic><topic>Probability</topic><topic>Psychology</topic><topic>Psychology. Psychoanalysis. Psychiatry</topic><topic>Psychology. Psychophysiology</topic><topic>Stochastic Modeling</topic><topic>Stochastic models</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>González-Vallejo, Claudia</creatorcontrib><collection>Pascal-Francis</collection><collection>Medline</collection><collection>MEDLINE</collection><collection>MEDLINE (Ovid)</collection><collection>MEDLINE</collection><collection>MEDLINE</collection><collection>PubMed</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>APA PsycArticles®</collection><collection>ProQuest One Psychology</collection><collection>MEDLINE - Academic</collection><jtitle>Psychological review</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>González-Vallejo, Claudia</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Making Trade-Offs: A Probabilistic and Context-Sensitive Model of Choice Behavior</atitle><jtitle>Psychological review</jtitle><addtitle>Psychol Rev</addtitle><date>2002-01</date><risdate>2002</risdate><volume>109</volume><issue>1</issue><spage>137</spage><epage>155</epage><pages>137-155</pages><issn>0033-295X</issn><eissn>1939-1471</eissn><coden>PSRVAX</coden><abstract>The stochastic difference model assumes that decision makers trade
normalized attribute value differences when making choices. The model is
stochastic, with choice probabilities depending on the normalized
difference variable,
d,
and a decision
threshold, δ. The decision threshold indexes a person's
sensitivity to attribute value differences and is a free estimated parameter of
the model. Depending on the choice context, a person may be more
or less sensitive to attribute value differences, and hence δ may be
used to measure context effects. With proportional difference used as
the normalization, the proportional difference model (PD) was
tested with 9 data sets, including published data
(e.g.,
J.
L. Myers, M. M. Suydam, & B.
Gambino, 1965
;
A.
Tversky, 1969
). The model accounted for individual
and group data well and described violations of stochastic dominance,
independence, and weak and strong stochastic transitivity.</abstract><cop>Washington, DC</cop><pub>American Psychological Association</pub><pmid>11863035</pmid><doi>10.1037/0033-295X.109.1.137</doi><tpages>19</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0033-295X |
| ispartof | Psychological review, 2002-01, Vol.109 (1), p.137-155 |
| issn | 0033-295X 1939-1471 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_71477667 |
| source | EBSCO_PsycARTICLES; International Bibliography of the Social Sciences (IBSS) |
| subjects | Behavior Biological and medical sciences Choice Behavior Cognition. Intelligence Cognitive Processes Contextual Associations Decision Making Decision making. Choice Fundamental and applied biological sciences. Psychology Group behaviour Human Human behaviour Humans Independence Individuals Mental Processes Models, Psychological Probability Psychology Psychology. Psychoanalysis. Psychiatry Psychology. Psychophysiology Stochastic Modeling Stochastic models |
| title | Making Trade-Offs: A Probabilistic and Context-Sensitive Model of Choice Behavior |
| url | http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-01T07%3A24%3A22IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Making%20Trade-Offs:%20A%20Probabilistic%20and%20Context-Sensitive%20Model%20of%20Choice%20Behavior&rft.jtitle=Psychological%20review&rft.au=Gonz%C3%A1lez-Vallejo,%20Claudia&rft.date=2002-01&rft.volume=109&rft.issue=1&rft.spage=137&rft.epage=155&rft.pages=137-155&rft.issn=0033-295X&rft.eissn=1939-1471&rft.coden=PSRVAX&rft_id=info:doi/10.1037/0033-295X.109.1.137&rft_dat=%3Cproquest_cross%3E614365766%3C/proquest_cross%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-a516t-d30c491a1074132e792a334c009628aa83547696daa9379b4d84790a65e0f83a3%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=614365766&rft_id=info:pmid/11863035&rfr_iscdi=true |