View Item 

Show simple item record

Computational Models for the Combination of Advice and Individual Learning

dc.contributor.authorBiele, Guidoen_US
dc.contributor.authorRieskamp, Jörgen_US
dc.contributor.authorGonzalez, Richarden_US
dc.date.accessioned2010-06-01T21:40:38Z
dc.date.available2010-06-01T21:40:38Z
dc.date.issued2009-03en_US
dc.identifier.citationBiele, Guido; Rieskamp, JÖrg; Gonzalez, Richard (2009). "Computational Models for the Combination of Advice and Individual Learning." Cognitive Science 33(2): 206-242. <http://hdl.handle.net/2027.42/74724>en_US
dc.identifier.issn0364-0213en_US
dc.identifier.issn1551-6709en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/74724
dc.format.extent522465 bytes
dc.format.extent3109 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.publisherBlackwell Publishing Ltden_US
dc.rightsCopyright © 2009, Cognitive Science Society, Inc.en_US
dc.subject.otherReinforcement Learningen_US
dc.subject.otherSocial Learningen_US
dc.subject.otherAdvice Takingen_US
dc.subject.otherLearning Modelen_US
dc.subject.otherDecision Makingen_US
dc.titleComputational Models for the Combination of Advice and Individual Learningen_US
dc.typeArticleen_US
dc.subject.hlbsecondlevelNeurosciencesen_US
dc.subject.hlbtoplevelHealth Sciencesen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumDepartment of Psychology, University of Michigan, Ann Arboren_US
dc.contributor.affiliationotherMax Planck Institute for Human Developmenten_US
dc.contributor.affiliationotherDepartment of Psychology, University of Baselen_US
dc.identifier.pmid21585468en_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/74724/1/j.1551-6709.2009.01010.x.pdf
dc.identifier.doi10.1111/j.1551-6709.2009.01010.xen_US
dc.identifier.sourceCognitive Scienceen_US
dc.identifier.citedreferenceApesteguia, J., Huck, S., & Oechssler, J. ( 2007 ). Imitation: Theory and experimental evidence. Journal of Economic Theory, 136, 217 – 235.en_US
dc.identifier.citedreferenceBandura, A. ( 1977 ). Social learning theory. Englewood Cliffs, NJ: Prentice Hall.en_US
dc.identifier.citedreferenceBarron, G., & Erev, I. ( 2003 ). Small feedback-based decisions and their limited correspondence to description-based decisions. Journal of Behavioral Decision Making, 16, 215 – 233.en_US
dc.identifier.citedreferenceBechara, A., Damasio, A. R., Damasio, H., & Anderson, S. W. ( 1994 ). Insensitivity to future consequences following damage to human prefrontal cortex. Cognition, 50, 7 – 15.en_US
dc.identifier.citedreferenceBoyd, R., & Richerson, P. J. ( 1985 ). Culture and the evolutionary process. Chicago: University of Chicago Press.en_US
dc.identifier.citedreferenceBudescu, D. V., & Rantilla, A. K. ( 2000 ). Confidence in aggregation of expert opinions. Acta Psychologica, 104, 371 – 398.en_US
dc.identifier.citedreferenceBusemeyer, J. R., & Myung, I. J. ( 1992 ). An adaptive approach to human decision making: Learning theory, decision theory, and human performance. Journal of Experimental Psychology: General, 121, 177 – 194.en_US
dc.identifier.citedreferenceBusemeyer, J. R., & Stout, J. C. ( 2002 ). A contribution of cognitive decision models to clinical assessment: Decomposing performance on the Bechara gambling task. Psychological Assessment, 14, 253 – 262.en_US
dc.identifier.citedreferenceBusemeyer, J. R., & Wang, Y.-M. ( 2000 ). Model comparisons and model selections based on generalization criterion methodology. Journal of Mathematical Psychology, 44, 171 – 189.en_US
dc.identifier.citedreferenceBush, R. R., & Mosteller, F. ( 1955 ). Stochastic models for learning. Oxford, England: Wiley.en_US
dc.identifier.citedreferenceCamerer, C. F., & Ho, T. H. ( 1999 ). Experience-weighted attraction learning in normal form games. Econometrica, 67, 827 – 874.en_US
dc.identifier.citedreferenceCamerer, C. F., Ho, T. H., & Chong, J. K. ( 2002 ). Sophisticated experience-weighted attraction learning and strategic teaching in repeated games. Journal of Economic Theory, 104, 137 – 188.en_US
dc.identifier.citedreferenceCelen, B., Kariv, S., & Schotter, A. ( 2005 ). An experimental test of advice and social learning. New York: Columbia Business School.en_US
dc.identifier.citedreferenceCohen, J. ( 1988 ). Statistical power analysis for the behavioral sciences. Hillsdale, NJ: Erlbaum.en_US
dc.identifier.citedreferenceDecety, J., Jackson, P. L., Sommerville, J. A., Chaminade, T., & Meltzoff, A. N. ( 2004 ). The neural bases of cooperation and competition: An fMRI investigation. Neuroimage, 23, 744 – 751.en_US
dc.identifier.citedreferenceDenrell, J. ( 2005 ). Why most people disapprove of me: Experience sampling in impression formation. Psychological Review, 112, 951 – 978.en_US
dc.identifier.citedreferenceErdem, T., & Keane, M. P. ( 1996 ). Decision-making under uncertainty: Capturing dynamic brand choice processes in turbulent consumer goods markets. Marketing Science, 15, 1 – 20.en_US
dc.identifier.citedreferenceErev, I. ( 1998 ). Signal detection by human observers: A cutoff reinforcement learning model of categorization decisions under uncertainty. Psychological Review, 105, 280 – 298.en_US
dc.identifier.citedreferenceErev, I., & Barron, G. ( 2005 ). On adaptation, maximization, and reinforcement learning among cognitive strategies. Psychological Review, 112, 912 – 931.en_US
dc.identifier.citedreferenceErev, I., & Roth, A. E. ( 1998 ). Predicting how people play games: Reinforcement learning in experimental games with unique, mixed strategy equilibria. American Economic Review, 88, 848 – 881.en_US
dc.identifier.citedreferenceEstes, W. K. ( 1950 ). Toward a statistical theory of learning. Psychological Review, 57, 94 – 107.en_US
dc.identifier.citedreferenceEstes, W. K. ( 1962 ). Learning theory. Annual Review of Psychology, 13, 107 – 144.en_US
dc.identifier.citedreferenceEstes, W. K., & Maddox, W. ( 2005 ). Risks of drawing inferences about cognitive processes from model fits to individual versus average performance. Psychonomic Bulletin & Review, 12, 403 – 408.en_US
dc.identifier.citedreferenceFestinger, L. ( 1954 ). A theory of social comparison processes. Human Relations, 7, 117 – 140.en_US
dc.identifier.citedreferenceGans, N., Knox, G., & Croson, R. ( 2007 ). Simple models of discrete choice and their performance in bandit experiments. Manufacturing and Service Operations Management, 9, 383 – 408.en_US
dc.identifier.citedreferenceGibson, S. K. ( 2004 ). Social learning (cognitive) theory and implications for human resource development. Advances in Developing Human Resources, 6, 193 – 210.en_US
dc.identifier.citedreferenceGoetzmann, W. N., & Massa, M. ( 2002 ). Daily momentum and contrarian behavior of index fund investors. Journal of Financial & Quantitative Analysis, 37, 375 – 389.en_US
dc.identifier.citedreferenceGonzalez, R. ( 1994 ). When words speak louder than actions: Another’s evaluations can appear more diagnostic than their decisions. Organizational Behavior & Human Decision Processes, 58, 214 – 245.en_US
dc.identifier.citedreferenceGonzalez, R., & Tversky, A. ( 1990 ). The impact of others’ choice on investment decisions. In K. Borcherding, O. I. Larichev & D. M. Messick ( Eds.), Contemporary issues in decision making ( pp. 367 – 373 ). Oxford, England: North-Holland.en_US
dc.identifier.citedreferenceHanaki, N., Sethi, R., Erev, I., & Peterhansl, A. ( 2005 ). Learning strategies. Journal of Economic Behavior & Organization, 56, 523 – 542.en_US
dc.identifier.citedreferenceHenrich, J., & Boyd, R. ( 1998 ). The evolution of conformist transmission and the emergence of between-group differences. Evolution and Human Behavior, 19, 215 – 241.en_US
dc.identifier.citedreferenceHenrich, J., & McElreath, R. ( 2003 ). The evolution of cultural evolution. Evolutionary Anthropology, 12, 123 – 135.en_US
dc.identifier.citedreferenceHertwig, R., Barron, G., Weber, E. U., & Erev, I. ( 2004 ). Decisions from experience and the effect of rare events in risky choice. Psychological Science, 15, 534 – 539.en_US
dc.identifier.citedreferenceHolt, C. A., & Laury, S. K. ( 2002 ). Risk aversion and incentive effects. American Economic Review, 92, 1644 – 1655.en_US
dc.identifier.citedreferenceHutchinson, W. J., & Meyer, R. J. ( 1994 ). Dynamic decision making: Optimal policies and actual behavior in sequential choice problems. Marketing Letters, 5, 369 – 382.en_US
dc.identifier.citedreferenceJohnson, J. G., Wilke, A., & Weber, E. U. ( 2004 ). Beyond a trait view of risk-taking: A domain-specific scale measuring risk perceptions, expected benefits, and perceived risk attitude in German-speaking populations. Polish Psychological Bulletin, 35, 153 – 163.en_US
dc.identifier.citedreferenceJungermann, H., & Fischer, K. ( 2005 ). Using expertise and experience for giving and taking advice. In T. Betsch & S. Haberstroh ( Eds.), The routines of decision making ( pp. 157 – 173 ). Mahawah, NJ: Erlbaum.en_US
dc.identifier.citedreferenceKameda, T., & Nakanishi, D. ( 2002 ). Cost-benefit analysis of social/cultural learning in a nonstationary uncertain environment: An evolutionary simulation and an experiment with human subjects. Evolution and Human Behavior, 23, 373 – 393.en_US
dc.identifier.citedreferenceKameda, T., & Nakanishi, D. ( 2003 ). Does social/cultural learning increase human adaptability? Rogers’s question revisited Evolution and Human Behavior, 24, 242 – 260.en_US
dc.identifier.citedreferenceLaland, K. N. ( 2001 ). Imitation, social learning, and preparedness as mechanisms of bounded rationality. In G. Gigerenzer & R. Selten ( Eds.), Bounded rationality: The adaptive toolbox ( pp. 233 – 247 ). Cambridge, MA: MIT Press.en_US
dc.identifier.citedreferenceLockhart, R. S. ( 2001 ). Memory retrieval. In N. J. Smelser & P. B. Baltes ( Eds.), International encyclopedia of the social & behavioral sciences ( pp. 9613 – 9618 ). Oxford, England: Elsevier.en_US
dc.identifier.citedreferenceLuan, S., Sorkin, R. D., & Itzkowitz, J. ( 2004 ). Weighting information from outside sources: A biased process. Journal of Behavioral Decision Making, 17, 95 – 116.en_US
dc.identifier.citedreferenceMaia, T. V., & McClelland, J. L. ( 2004 ). A reexamination of the evidence for the somatic marker hypothesis: What participants really know in the Iowa gambling task. Proceedings of the National Academy of Sciences of the United States of America, 101, 16075 – 16080.en_US
dc.identifier.citedreferenceMarch, J. G. ( 1996 ). Learning to be risk averse. Psychological Review, 103, 309 – 319.en_US
dc.identifier.citedreferenceMcClure, S. M., Li, J., Tomlin, D., Cypert, K. S., Montague, L. M., & Montague, P. R. ( 2004 ). Neural correlates of behavioral preference for culturally familiar drinks. Neuron, 44, 379 – 387.en_US
dc.identifier.citedreferenceMcElreath, R., Lubell, M., Richerson, P. J., Waring, T. M., Baum, W., Edsten, E., Efferson, C. & Paciotti, B. ( 2005 ). Applying evolutionary models to the laboratory study of social learning. Evolution and Human Behavior, 26, 483 – 508.en_US
dc.identifier.citedreferenceMeyer, R. J., & Shi, Y. ( 1995 ). Sequential choice under ambiguity—Intuitive solutions to the armed-bandit problem. Management Science, 41, 817 – 834.en_US
dc.identifier.citedreferenceMiller, N. E., & Dollard, J. ( 1941 ). Social learning and imitation. Westport, CT: Greenwood Press.en_US
dc.identifier.citedreferenceMurray, F. S. ( 1971 ). Multiple probable situation: A study of a five one-armed bandit problem. Psychonomic Science, 22, 247 – 249.en_US
dc.identifier.citedreferenceNelder, J. A., & Mead, R. ( 1965 ). A simplex method for function minimization. Computer Journal, 7, 308 – 313.en_US
dc.identifier.citedreferenceRieskamp, J. ( 2006a ). Positive and negative recency effects in retirement savings decisions. Journal of Experimental Psychology: Applied, 12, 233 – 250.en_US
dc.identifier.citedreferenceRieskamp, J. ( 2006b ). Perspectives of probabilistic inferences: Reinforcement learning and an adaptive network compared. Journal of Experimental Psychology: Learning, Memory, & Cognition, 32, 1355 – 1370.en_US
dc.identifier.citedreferenceRieskamp, J., Busemeyer, J. R., & Laine, T. H. ( 2003 ). How do people learn to allocate resources? Comparing two learning theories. Journal of Experimental Psychology: Learning, Memory & Cognition, 29, 1066 – 1081.en_US
dc.identifier.citedreferenceRieskamp, J., & Otto, P. E. ( 2006 ). SSL: A theory of how people learn to select strategies. Journal of Experimental Psychology: General, 135, 207 – 236.en_US
dc.identifier.citedreferenceRoider, A., Drehmann, M., & Oechssler, J. ( 2007 ). Herding with and without payoff externalities—An Internet experiment. International Journal of Industrial Organization, 25, 391 – 415.en_US
dc.identifier.citedreferenceRosenthal, T. L., & Zimmerman, B. J. ( 1978 ). Social learning and cognition. New York: Academic Press.en_US
dc.identifier.citedreferenceSchlag, K. H. ( 1998 ). Why imitate, and if so, how? A boundedly rational approach to multi-armed bandits. Journal of Economic Theory, 78, 130 – 156.en_US
dc.identifier.citedreferenceSchlag, K. H. ( 1999 ). Which one should I imitate? Journal of Mathematical Economics, 31, 493 – 522.en_US
dc.identifier.citedreferenceSchotter, A., & Sopher, B. ( 2003 ). Social learning and coordination conventions in intergenerational games: An experimental study. Journal of Political Economy, 111, 498 – 529.en_US
dc.identifier.citedreferenceShanks, D. R., Tunney, R. J., & McCarthy, J. D. ( 2002 ). A re-examination of probability matching and rational choice. Journal of Behavioral Decision Making, 15, 233 – 250.en_US
dc.identifier.citedreferenceSimon, H. A. ( 1990 ). A mechanism for social selection and successful altruism. Science, 250, 1665 – 1668.en_US
dc.identifier.citedreferenceStahl, D. O. ( 1996 ). Boundedly rational rule learning in a guessing game. Games and Economic Behavior, 16, 303 – 330.en_US
dc.identifier.citedreferenceVulkan, N. ( 2000 ). An economist’s perspective on probability matching. Journal of Economic Surveys, 14, 101 – 118.en_US
dc.identifier.citedreferenceWeber, E. U., Blais, A.-R., & Betz, N. E. ( 2002 ). A domain-specific risk-attitude scale: Measuring risk perceptions and risk behaviors. Journal of Behavioral Decision Making, 15, 263 – 290.en_US
dc.identifier.citedreferenceYaniv, I. ( 2004a ). The benefit of additional opinions. Current Directions in Psychological Science, 13, 75 – 78.en_US
dc.identifier.citedreferenceYaniv, I. ( 2004b ). Receiving other people’s advice: Influence and benefit. Organizational Behavior & Human Decision Processes, 93, 1 – 13.en_US
dc.identifier.citedreferenceYaniv, I., & Kleinberger, E. ( 2000 ). Advice taking in decision making: Egocentric discounting and reputation formation. Organizational Behavior and Human Decision Processes, 83, 260 – 281.en_US
dc.identifier.citedreferenceYechiam, E., & Busemeyer, J. R. ( 2005 ). Comparison of basic assumptions embedded in learning models for experience-based decision making. Psychonomic Bulletin & Review, 12, 387 – 402.en_US
dc.identifier.citedreferenceZimmerman, B. J., & Rosenthal, T. L. ( 1974 ). Observational learning of rule-governed behavior by children. Psychological Bulletin, 81, 29 – 42.en_US
dc.identifier.citedreferenceZucchini, W. ( 2000 ). An introduction to model selection. Journal of Mathematical Psychology, 44, 41 – 61.en_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


Files in this item

Name:
j.1551-6709.2009.01010.x.pdf
Size:
510.2KB
Format:
PDF
View/Open

Show simple item record

Remediation of Harmful Language

The University of Michigan Library aims to describe library materials in a way that respects the people and communities who create, use, and are represented in our collections. Report harmful or offensive language in catalog records, finding aids, or elsewhere in our collections anonymously through our metadata feedback form. More information at Remediation of Harmful Language.

Accessibility

If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.