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Please use this identifier to cite or link to this item: http://hdl.handle.net/10012/6558

Title: Betting on the Unexpected: The Effect of Expectation Matching on Choice Strategies in a Binary Choice Task
Authors: James, Greta
Keywords: Probability Matching
Binary Choice Task
Approved Date: 17-Feb-2012
Date Submitted: 2012
Abstract: Probability matching is the tendency to predict outcomes in accordance with their actual contingencies in a binary choice task. It is, however, a suboptimal response if the aim is to maximize correct predictions. I review two theories that attempt to explain why probability matching occurs: the pattern-search hypothesis and dual-systems theory. These theories are tested in two studies which suggest that dual-systems theory provides a better account of probability matching behavior. Studies 3, 4, and 5 then provide evidence for an extension of the dual-systems theory, called expectation matching, which is intended to explain why probability matching is the intuitive response to a binary choice problem.
Program: Psychology
Department: Psychology
Degree: Master of Arts
URI: http://hdl.handle.net/10012/6558
Appears in Collections:Faculty of Arts Theses and Dissertations
Electronic Theses and Dissertations (UW)

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