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| Content Provider | Springer Nature Link |
|---|---|
| Author | Dror, Itiel E. Basola, Beth Busemeyer, Jerome R. |
| Copyright Year | 1999 |
| Abstract | Choice probability and choice response time data from a risk-taking decision-making task were compared with predictions made by a sequential sampling model. The behavioral data, consistent with the model, showed that participants were less likely to take an action as risk levels increased, and that time pressure did not have a uniform effect on choice probability. Under time pressure, participants were more conservative at the lower risk levels but were more prone to take risks at the higher levels of risk. This crossover interaction reflected a reduction of the threshold within a single decision strategy rather than a switching of decision strategies. Response time data, as predicted by the model, showed that participants took more time to make decisions at the moderate risk levels and that time pressure reduced response time across all risk levels, but particularly at the those risk levels that took longer time with no pressure. Finally, response time data were used to rule out the hypothesis that time pressure effects could be explained by a fast-guess strategy. |
| Starting Page | 713 |
| Ending Page | 725 |
| Page Count | 13 |
| File Format | |
| ISSN | 0090502X |
| Journal | Memory & Cognition |
| Volume Number | 27 |
| Issue Number | 4 |
| e-ISSN | 15325946 |
| Language | English |
| Publisher | Springer-Verlag |
| Publisher Date | 1999-01-01 |
| Publisher Place | New York |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Cognitive Psychology |
| Content Type | Text |
| Resource Type | Article |
| Subject | Experimental and Cognitive Psychology Arts and Humanities Medicine Neuropsychology and Physiological Psychology |
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