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Choice adaptation to increasing and decreasing event probabilities.

12 references·1 citing·44 second hopsampled

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References

1988Prospect theory: An analysis of decision under risk32,475 cited
2004Decisions from Experience and the Effect of Rare Events in Risky Choice1,657 cited
2003Small feedback‐based decisions and their limited correspondence to description‐based decisions736 cited
2005On Adaptation, Maximization, and Reinforcement Learning Among Cognitive Strategies.475 cited
2015Unpacking the exploration–exploitation tradeoff: A synthesis of human and animal literatures.384 cited
1962Subjective probabilities inferred from decisions.336 cited
2011Instance-based learning: Integrating sampling and repeated decisions from experience.253 cited
2010Instance‐based Learning: A General Model of Repeated Binary Choice122 cited
2009Short-term gains, long-term pains: How cues about state aid learning in dynamic environments96 cited
2009Doomed to repeat the successes of the past: History is best forgotten for repeated choices with nonstationary payoffs44 cited
2014Decisions from experience: How groups and individuals adapt to change36 cited
2012Refuting data aggregation arguments and how the instance-based learning model stands criticism: A reply to Hills and Hertwig (2012).29 cited

Cited by

2022Choice adaptation to changing environments: trends, feedback, and observability of change6 cited

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