Betting on the Unexpected: The Effect of Expectation Matching on Choice Strategies in a Binary Choice Task

dc.comment.hiddenWritten permission has been included for two of the publishers. The third does not require written submission.en
dc.contributor.authorJames, Greta
dc.date.accessioned2012-02-17T19:47:25Z
dc.date.available2012-02-17T19:47:25Z
dc.date.issued2012-02-17T19:47:25Z
dc.date.submitted2012
dc.description.abstractProbability 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.en
dc.identifier.urihttp://hdl.handle.net/10012/6558
dc.language.isoenen
dc.pendingfalseen
dc.publisherUniversity of Waterlooen
dc.subjectProbability Matchingen
dc.subjectBinary Choice Tasken
dc.subject.programPsychologyen
dc.titleBetting on the Unexpected: The Effect of Expectation Matching on Choice Strategies in a Binary Choice Tasken
dc.typeMaster Thesisen
uws-etd.degreeMaster of Artsen
uws-etd.degree.departmentPsychologyen
uws.peerReviewStatusUnrevieweden
uws.scholarLevelGraduateen
uws.typeOfResourceTexten

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