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McCloy, Rachel; Beaman, C. Philip; Smith, Philip T. – Cognitive Science, 2008
The utility of an "ecologically rational" recognition-based decision rule in multichoice decision problems is analyzed, varying the type of judgment required (greater or lesser). The maximum size and range of a counterintuitive advantage associated with recognition-based judgment (the "less-is-more effect") is identified for a range of cue…
Descriptors: Decision Making, Cues, Validity, Recognition (Psychology)