A Componential Analysis of Cognitive Effort in Choice
Abstract
A model for measuring the cognitive effort required to execute a decision strategy is proposed. The model is based on a set of elmentary information processes (EIP's), (e.g., reads, comparisons, additions) that are assumed to be common components of decision strategies. A weighted sum of EIP's model is shown to provide good predictions for response time and subjective reports of effort. Estimates of the time and effort associated with each EIP seem plausible and consistent with those found in other cognitive tasks. Overall, the EIP approach to conceptualizing and measuring the effort of executing a choice strategy receives strong support. Keywords: Decision making, Decision theory.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1988
- Accession Number
- ADA199587
Entities
People
- Eric J. Johnson
- James R. Bettman
- John W. Payne
Organizations
- Duke University