1965
DOI: 10.1111/j.2044-8317.1965.tb00342.x
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SOME ALTERNATIVE STOCHASTIC MODELS OF CHOICE1

Abstract: Theories of choice may be regarded as having two principal features: a representation of indecision and a decision rule stating the conditions which must be satisfied for a choice to occur. Three ways of representing indecision are described and evaluated. I n terms of one of these representations, several theoretical models of choice are developed by considering the consequences of two kinds of decision rule. A way of determining the properties of the models is described, but is not used in more than an illus… Show more

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Cited by 147 publications
(151 citation statements)
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References 12 publications
(20 reference statements)
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“…The class of random-walk models was rejected because of the failure of these models to handle the increase in latency for error responses observed in the present data (Audley & Pike, 1965). A simple accumulator model discussed by Audley and Pike (1965) seemed promising because it predicted an increase in latency for error responses. The predicted increase, however, was very small relative to the present data, and the model was rejected for that reason.…”
Section: Predicting Response Latenciesmentioning
confidence: 99%
“…The class of random-walk models was rejected because of the failure of these models to handle the increase in latency for error responses observed in the present data (Audley & Pike, 1965). A simple accumulator model discussed by Audley and Pike (1965) seemed promising because it predicted an increase in latency for error responses. The predicted increase, however, was very small relative to the present data, and the model was rejected for that reason.…”
Section: Predicting Response Latenciesmentioning
confidence: 99%
“…To evaluate the fit of the 2DSD interrogation model we adapted the latency-probability function plots first used by Audley and Pike (1965) to include confidence as well. We call the plots latency-confidence-choice probability (LCC) functions.…”
Section: Fit Of 2dsd Interrogation Model To Choices Decision Times mentioning
confidence: 99%
“…models also permit either discrete or continuous activation states. A special case of accumulator models is the set of counter models (i.e., discrete state with the states being positive integers; e.g., Townsend & Nozawa, 1995), and a special case of these is Poisson counter models (e.g., Audley & Pike, 1965;Diederich & Colonius, 1991;Pike, 1973;Smith & Zandt, 2000;Townsend & Ashby, 1983;Van Zandt et al, 2000). The other major class of state-space models is that of random walk and diffusion processes, the first being based on discrete and the second on continuous state spaces (e.g., Ashby, 1983;Busemeyer & Townsend, 1993;Link & Heath, 1975;Ratcliff, 1978;Ratcliff, Van Zandt, & McKoon, 1999).…”
Section: Theoretical Foundations: the Dynamics Of Parallel Processingmentioning
confidence: 99%