APS
29th APS Annual Convention · 2017
Should I Stay or Should I Go: Decisions in Exploration-Exploitation
- Sheen Levine
Columbia University - Sheen Levine
Univertsity of Texas, Dallas - Charlotte Reypens
Warwick Univeresity - Charlotte Reypens
Univertsity of Texas, Dallas
Abstract
Whether in personal, organizational, or communal settings, decision-makers often choose between ambiguous prospects, observe outcomes, and then may choose again. How do they decide? We develop instruments and investigate. We find that, more than traits, decisions reflect immediate experience — the past molds the future.
Judgment and Decision Making
