@article{ref1,
title="Risky choice: An examination of information acquisition behavior",
journal="Memory and cognition",
year="1978",
author="Payne, J. W. and Braunstein, Myron L.",
volume="6",
number="5",
pages="554-561",
abstract="The monitoring of information acquisition behavior, along with other process tracing measures such as response times, was used to examine how individuals process information about gambles into a decision. Subjects indicated preferences among specially constructed three-outcome gambles. The number of alternatives available was varied across the sets of gambles. A majority of the subjects processed information about the gambles in ways inconsistent with compensatory models of risky decision making, such as information integration (Anderson & Shanteau, 1970). Furthermore, the inconsistency between observed information acquisition behavior and such compensatory rules increased as the choice task became more complex. Alternative explanations of risky choice behavior are considered.<p /><p>Language: en</p>",
language="en",
issn="0090-502X",
doi="10.3758/BF03198244",
url="http://dx.doi.org/10.3758/BF03198244"
}