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Direct linkFrey, Renato; Rieskamp, Jörg; Hertwig, Ralph – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2015
In nonmonotonic decision problems, the magnitude of outcomes can both increase and decrease over time depending on the state of the decision problem. These increases and decreases may occur repeatedly and result in a variety of possible outcome distributions. In many previously investigated sequential decision problems, in contrast, outcomes (or…
Descriptors: Risk, Learning Processes, Reinforcement, Decision Making
