``Take-the-best and other simple strategies: why and when they work ``well with binary cues

DOI10.1007/S11238-006-9000-8MaRDI QIDQ857658zbMATH OpenOpenAlexWikidataFDO

Authors Robin M. Hogarth, Natalia Karelaia

Publication date 20 December 2006

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11238-006-9000-8

zbMATH Keywords

decision makingbounded rationalityequal weightinglexicographic rulestake-the-best

Mathematics Subject Classification ID

Decision theory (91B06) Cognitive psychology (91E10)

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Cites work

• Fast, frugal, and fit: simple heuristics for paired comparison
• Ignoring information in binary choice with continuous variables: When is less ``more?
• ``Take-the-best and other simple strategies: why and when they work ``well with binary cues

Cited in

(12)

• Categorization with limited resources: A family of simple heuristics
• Fast and frugal heuristics: rationality and the limits of naturalism
• Ignoring information in binary choice with continuous variables: When is less ``more?
• Meta-inductive prediction based on attractivity weighting: mathematical and empirical performance evaluation
• Compatibility effects in the prescriptive application of psychological heuristics: inhibition, integration and selection
• The ecological rationality of simple group heuristics: Effects of group member strategies on decision accuracy
• Fast, frugal, and fit: simple heuristics for paired comparison
• One-reason decision-making: modeling violations of expected utility theory
• A geometric analysis of when fixed weighting schemes will outperform ordinary least squares
• Why do simple heuristics perform well in choices with binary attributes?
• ``Take-the-best and other simple strategies: why and when they work ``well with binary cues
• Tight upper bounds for the expected loss of lexicographic heuristics in binary multi-attribute choice

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