Analysis of the Decision and Verification Stockmarket Tasks Using Additive Stage Process Methods.
Abstract
Two additive stage processing models are presented that address some of the tasks reported in Antos, Kozminsky, Bourne, and Kintsch (1981). The development and application of these models to information analysis and decision procedures demonstrates their usefulness in structuring thinking and experimental design about critical, complex, real-life sorts of decisions. Both alternative processing models presented were constructed by carefully thinking out what mental operations are necessary to perform information analysis, decision and verification. Predictions are generated from the models and those predictions were compared to the data reported in Antos, et al. While some predictions of the model are supported, new experiments are needed to test more critical predictions. The intention of this work is to lay some of the theoretical groundwork for designing experiments that would provide information on the critical elements in how people understand facts in order to make decisions. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1981
- Accession Number
- ADA107502
Entities
People
- Murray Singer
Organizations
- University of Colorado Boulder